1505 Maple Ave Albany, GA 31705
This exceptional investment opportunity presents a 1.2-acre, 2015-built Family Dollar (now Dollar Tree) retail property in Albany, GA. The property boasts a 15-year absolute NNN lease (expiring 09/30/2031), with seven years remaining and six, five-year options, each including a 10% rent increase. The current annual net operating income (NOI) is $106,690, yielding a 7.65% cap rate, projected to increase to 8.41% in 2026 due to a built-in 10% rent bump. The property benefits from a highly visible location on Hwy 300, experiencing over 65,000 vehicles per day, and enjoys proximity to Albany State University (approximately 6,000 students) and Albany Middle School (approximately 840 students). The 5-mile radius boasts a population exceeding 61,458 residents. The tenant, Dollar Tree, is a credit-rated, investment-grade corporation with a corporate guarantee, providing significant financial stability. This is a rare opportunity to acquire a low-maintenance, high-return retail investment with a strong tenant and significant upside potential. The asking price is $1,394,645.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.