518 West Roosevelt Avenue, Albany, GA for sale

518 West Roosevelt Avenue, Albany, GA 31701

Accepting Offers
518 West Roosevelt Avenue, Albany, GA for sale518 West Roosevelt Avenue, Albany, GA for sale
Asking Price

$3,200,000

518 West Roosevelt Avenue, Albany, GA for sale

518 West Roosevelt Avenue, Albany, GA 31701

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 1952

Land Area: 2.16 Acres

Property Size: 38,550 SF

Property Type: Industrial

Occupancy %: 100

Year Renovated: 1986

Number of Floors: 1

Investment Highlights

  • Absolute NNN Lease - No Landlord Responsibility
  • Ceiling eave height 20'
  • Bay spacing 25' x 50' and 30' x 50'
  • 4 Dock high doors 10' wide x 9' tall
  • 1 Drive in door
  • Office Electrical has two 400 amp panels; Warehouse has one 600 amp panel
  • Term - 5 years with 2 options of 5 years each
  • Wet Sprinkler System

Offering Summary

Introducing an exceptional opportunity for industrial investors, this 38,550 square foot industrial facility in Albany, GA is strategically zoned as Zoning C-2, General Mixed use Business. This property is perfectly suited for manufacturing and industrial use. Boasting a NOI of $270,000 per year ($7/sf) and an Absolute NNN lease structure, this offering presents a prime investment opportunity with a 5-year term and 2 options of 5 years each.

Sale FAQs

Investment Sales Broker

Walter Kelley

Walter Kelley

ACRE Real Estate Partners, LLC

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXX

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