Us Highway 82 Leesburg, GA 31763

This property features a brand new, high-quality construction scheduled for completion in 2025, offered under a 20-year absolute net lease, ensuring zero landlord responsibilities. The lease includes rental increases, set at the greater of 12% or the Consumer Price Index (CPI), every 5 years throughout the initial term and option periods. Situated on a hard corner location along the area's major retail and traffic corridor, the property benefits from easy access and excellent visibility, with daily traffic counts exceeding 41,000 vehicles. It is located in close proximity to Albany Mall, an enclosed shopping center of over 871,000 square feet anchored by Belk, Dillard's, Old Navy, and JCPenney, featuring more than 75 retail, dining, and entertainment options. The immediate area is experiencing major growth, located in a rapidly growing community with robust demographics, near several large retail and housing developments currently under construction. It is also near Greystone at Oakland, an 800-acre master-planned, smart growth community that includes a gourmet grocery store, bank, churches, medical surgery center, dentist office, and childcare facility. Located in an affluent northwest Albany suburb, within the gateway to the largest residential subdivision in Southwest Georgia, the area features an average household income of more than $104,000 within a 3-mile radius. The property is located in a rapidly developing corridor of Lee County experiencing significant residential growth and an influx of new commercial construction over the past five years, and is minutes from Phoebe Putney Memorial Hospital, a 691-bed teaching hospital and medical center, one of Georgia's largest comprehensive regional medical centers.