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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1505 Maple Ave Albany, GA 31705

1.2 ac lot Built 2015
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2015
Lot 1.2 ac (52,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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