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28868026
28868027

101 Davis Street S, Albany, GA 31701

ME
GA GA 367742
SouthCore Real Estate LLC
Listed by SouthCore Real Estate LLC
$292,000
179 days on market
Updated 31 days ago
Opportunity zone

101 Davis Street S

Details
APN 000DD/00002/020
Property Type Special Purpose
Square Footage 6,000
Units 1
Cap Rate 7.50%
Occupancy 100%
Lease Term 5
Lease Expiration 12/31/2030
Year Built 1987
Acreage 0.840
Parking Spaces 11 spaces
Parking Per SqFt 1.83

Special Purpose | 7.50% CAP | 6,000 SqFt

Marketing description

Attention commercial investors! This is a 6,000 sf office/warehouse building leased to DXP Enterprises, Inc. which is a publicly traded industrial supply company with over $1 billion in revenues and over 3,200 employees. The lease has over 5 years remaining and the pro-forma NOI is $21,888 reflecting a 7.5% cap rate. The interior office space was recently renovated and the building is in very good condition. The offering includes the adjoining land parcel located at 706 W. Broad Avenue. Excellent opportunity for a 1031-exchange.
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Listing Contacts

ME
GA GA 367742
SouthCore Real Estate LLC
Listed by SouthCore Real Estate LLC

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Additional Information

Name
Mike Everett
License
GA 367742
Brokerage
SouthCore Real Estate, LLC
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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