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2414 SYLVESTER HWY Albany GA 31705-2469

APN 0000J/00020/002

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Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug
Building SqFt 14,708
Lot SqFt 155,871
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-3
Year Built 2007
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Pharmacy/Drug
Asking Details
Asking Price
$2,819,700
Asking Cap Rate
9.15%
Asking NOI
$258,000
Marketing Description

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Walgreens located at 2414 Sylvester Road in Albany, Georgia.​ The offering is 14,820 SF and sits atop 3.54 acres at the signalized intersection of Sylvester Road (US-82) and Johnson Road, collectively seeing over 37,100 VPD.​ The subject property is located just four miles from downtown Albany, a key regional city in the southwest corner of Georgia.​

Walgreens executed a long-term Abs NNN lease with rent commencing in January 2008.​ Primary lease term for Walgreens expires 1/31/2033.​ Walgreens lease is corporately guaranteed and calls for no landlord responsibilities.​

Investment Highlights

ZERO LANDLORD RESPONSIBILITIES - Absolute NNN lease affords zero landlord responsibilities and a completely passive investment

EXCELLENT VISIBILITY& REGIONAL ACCESS -The asset benefits from its location at the signalized intersection of Johnson Road and Sylvester Road, which sees 29,925 Vehicles Per Day, combined

INVESTMENT GRADE TENANT - The lease is corporately guaranteed by Walgreens, Co. Walgreens (S&P: BB-)has over 9,000 locations across the US

7+ YEARS OF TERM REMAINING - Walgreens has operated at this site since 2008 and features over 7 years of primary term remaining

Property Type
Property Type
Retail
Property Subtype
Pharmacy/Drug
Marketing Description

Property sits on a highly desirable 3.54 AC parcel at a signalized intersection seeing more than 23,700 vehicles per day

Investment Highlights

COMMITMENT: 9+ Years Remaining on the lease term.

INVESTMENT GRADE CREDIT: Walgreens is rated BBB by S&P providing long term security.

HIGH VISIBILITY STORE: Marine Corps Logistics Base Albany - 2,500+ Military or Employees (0.5 Miles South); Molson Coors Albany Brewery - 490+ Employees producing roughly 7M barrels a year (1 Mile North); Albany State University - 12,500+ Students (2.4 Miles West)

STRONG RETAIL TRADE AREA: Neighboring retailers include Walmart, Autozone, McDonald’s, Hardee’s, Burger King and KFC

SOUTHEAST SUNBELT TRADE AREA: Job growth, weather, and economic stability are key drivers in YOY Population Growth

DRIVE-THRU PHARMACY: This serves as a convenience for customers picking up prescription medication

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Document Number
******
Document Type
******
Recording Book
******
Recording Page
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Sold By
******
Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-3 CommercialGeneral CommercialCommercial District
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
CS
Connor Shell PRO
LIC: CA 01993313
•••.•••.9009
••nnor@••••••-••.com
Brokerage logo
Listing removed on
 BY:
JW
John Woodcock PRO
LIC: CA 02046050
•••.•••.6108
•.••••cock@••••••-••.com
Brokerage logo
Listing removed on
 BY:
JS
Jordan Shtulman PRO
LIC: IL 475152062
•••.•••.4133
••rdan@••••••-••.com
Brokerage logo

Map

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