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Mike Everett
(C) (229) 894-1925
1928 Dawson Road
Albany GA 31707
Mike@SouthCoreRealEstate.com
SouthCore Real Estate LLC
(M) (229) 405-2483
1928 Dawson Road
Albany GA 31707
Mike@SouthCoreRealEstate.com
SouthCoreRealEstate.com
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Listing Details
Property Type: Improved Commercial
MLS Number: 167117
List Price: $310,000
For Sale or Lease:  
Street #: 101
Street Dir:  
Street Name: Davis Street S
City: Albany
State: GA
Zip Code: 31701
Area: Northwest Albany
County: Dougherty
Business Project: n/a
Lot/Block: n/a
Lot SqFt:  
Lot Dimensions:  
Apx Acres: 0.84
Land Lse Year:  
Waterfront Feet:  
Roadfront Feet:  
Year Built: 1987
# Stories: 1
Dock Height:  
# Dock Doors:  
Construction: Block, Steel Frame, Frame
Heat/Cool: A/C: Work Space, Heat: Office
Utilities: Electricity Connected, Sewer Connected, Water Connected
Legal Description: see deed book 4785 page 221 in the Clerk of Superior Court of Dougherty County
Public Remarks: Attention commercial investors! This is a 6, 000 sf office/warehouse building leased to DXP Enterprises, Inc. which is a publicly traded industrial supply company with over $1 billion in revenues and over 3, 200 employees. The lease has over 5 years remaining and the pro-forma NOI is $21, 888 reflecting a 7% cap rate. The interior office space was recently renovated and the building is in very good condition. The offering includes the adjoining land parcel located at 706 W. Broad Avenue. Excellent opportunity for a 1031-exchange.
Directions: From Slappey Boulevard turn east onto W. Broad Avenue. The property is located at the southwest corner of S. Davis Street and W. Broad Avenue.
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