Albany Exchange 1218-1224 N Westover Blvd Local commercial 1 821 m² 100 % Loué À vendre Albany, GA 31707 3 144 158 € (1 726,71 €/m²) Taux de capitalisation 7,60 %

Franklin Street is pleased to present Albany Exchange, a three tenant strip center in Albany, Georgia. Albany is located in southwest Georgia and ranks as the 11th largest MSA in Georgia with 145,000+ residents. Albany's economy is driven by a large healthcare system that employs 5,400 employees and a large marine base employing 4,000+ people, and contributes an estimated $1.7B annually to the local economy. Albany Exchange is located within the main retail corridor of the market and surrounded by national big box retailers and restaurant operators that services a large trade area. America's Home Place has operated within the center since it was constructed in 2003. Pet Supplies Plus and Asia Buffett have more recently moved into the center and both signed 10+ year leases. Each lease has built in rent increases throughout the term and option periods and fully NNN leases. The property has been owned and well maintained by the original developers of the property. Albany Exchange has excellent visibility, as it sits parallel to North Westover Blvd (19,600 VPD), with several rows of parking fronting the center allowing for optimal parking and access for the tenants.