1508 Dougherty Ave., Albany, GA 31705

Building Details

Year Built

2013

Listing office j***@antonoff.com Show Phone

Listing date Jun 25, 2026

Source Antonoff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Jeffrey Hirschfeld, Ed.D.

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Overview

This single-tenant industrial distribution center includes approximately 61,574 square feet of space, with 3,371 square feet of office and 58,203 square feet of warehouse/distribution area. The property is structured as a Double Net lease, with the landlord responsible for roof and structure. Tenant improvements include parking lot expansion undertaken since the facility opened, and the tenant is currently completing a dock door expansion.

The facility is located at 1508 Dougherty Ave. in Albany, Georgia. It is part of a two-property FedEx package, with a second location included in the overall offering.

The current lease term is set to end May 31, 2028, and the tenant has one remaining five-year option. The next five-year option rent is listed at $31,157 per month. Reported monthly income was $28,260 through May 31, 2023, and the tenant exercised an option early with a rental increase effective June 1, 2023 to $29,673 per month.

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Albany

County

Dougherty

State

Georgia

Longitude

-84.1207668

Latitude

31.5533806

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FAQs

What type of property is this?

Distribution center - Single-tenant leased distribution facility with office space and ongoing dock door expansion to support increased trucking needs.

Where is this distribution center located?

The property is located at 1508 Dougherty Ave. Albany, GA.

What is the asking price?

The asking price for this property is $5,217,230.

What are key features of this property?

This property features: 2013‑built, single‑tenant leased 61,574 SF warehouse/distribution center with 3,371 SF office and 58,203 SF warehouse space; Lease income of $28,260/month through May 31, 2023; tenant increased rent to $29,673/month starting June 1, 2023; Current lease term ends May 31, 2028, with one remaining 5‑year option and next option rent of $31,157/month