Absolute NNN Red
For Sale
Contact for pricing
2403 N Slappey Blvd, Albany, GA 31701
Corporate-backed absolute NNN lease with over 16 years remaining and 2% annual increases.
Property Size6,357 SF
Days on Market122
Property Features for 2403 N Slappey Blvd
General Information
Standard status
Active
Size
6,357 SF
Property subtype
Retail
Additional Details
Traffic Count
46,000 vehicles/day
Listing Agency:
The Kase Group
(415) 513-0465
Listed By:
Robert Walker · License #CA 01954360
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 12:46PM
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 The Kase Group
Investment Insights
Based on property information with market context.
The property is a Red Lobster restaurant facility totaling 6,357 square feet, offered as an absolute NNN investment. The corporate-backed lease has over 16 years remaining, with 2% annual increases throughout the term.
Located at 2403 N Slappey Blvd in Albany, GA, the site sits on Slappey Blvd, which the offering notes sees over 46,000 vehicles per day. The immediate retail area includes nearby businesses such as Walmart, McDonald’s, Regions Bank, and Rite Aid, among others.
This is an income-oriented sale backed by an absolute NNN structure, designed to provide long-term tenancy and scheduled growth under the lease terms provided in the remarks.
Located at 2403 N Slappey Blvd in Albany, GA, the site sits on Slappey Blvd, which the offering notes sees over 46,000 vehicles per day. The immediate retail area includes nearby businesses such as Walmart, McDonald’s, Regions Bank, and Rite Aid, among others.
This is an income-oriented sale backed by an absolute NNN structure, designed to provide long-term tenancy and scheduled growth under the lease terms provided in the remarks.
Key Highlights
- 6,357 SF Red Lobster on Slappey Blvd in Albany, GA
- Corporate‑backed absolute NNN lease with over 16 years remaining
- 2% annual increases throughout the lease
Property Analytics
Current Use
Lease Details
46,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
123k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 23%
Office Supplies 7%
Zaxby's Chicken Fingers & Buffalo Wings
Dining
20,441 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,588 visits/mo
0.2 miles
Krispy Kreme Doughnuts
Dining
16,600 visits/mo
0.1 miles
Cook Out
Dining
16,124 visits/mo
0.3 miles
Wendy's
Dining
15,816 visits/mo
0.1 miles
Demographics for 31701, GA
18,133
Population
9,535
Households
1.9
Avg Household Size
39
Median Age
17%
College-Educated
81%
High-School Grad
21.2 sq mi
ZIP Area
855
Density / Sq Mi
$32,902
Median Household Income
$31,489
Median Earnings
$812
Median Rent
$97,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed absolute NNN lease with over 16 years remaining and 2% annual increases.
Where is this nnn property located?
The property is located at 2403 N Slappey Blvd Albany, GA.
What are key features of this property?
This property features: 6,357 SF Red Lobster on Slappey Blvd in Albany, GA; Corporate‑backed absolute NNN lease with over 16 years remaining; 2% annual increases throughout the lease
