2406 Westgate DrAlbany, GA 31707

This exceptional retail investment opportunity presents a 29,977 square foot property located at 2406 Westgate Dr, Albany, GA 31707, situated on a 2.6-acre lot. Currently 100% occupied by two corporate tenants, Office Depot and Lade Electric, the property boasts a strong financial profile with a 9.00% cap rate and a net operating income (NOI) of $324,353. The asking price is $3,603,922, translating to $120.22 per square foot. The leases are Net Lease (NN+) with corporate guarantees, providing significant security. The primary lease with Office Depot has a 25+ year operating history, and a new 10-year lease with U.S. Electrical Services, Inc. was recently executed. Both leases include rent bumps. The property was built in 1997 and underwent renovations in 2024. Lease options of 3 and 5 years are included. This prime retail location benefits from high traffic volume on Dawson Road, serving a population exceeding 70,000 within a 5-mile radius. The property's strong tenant base, long-term leases, and excellent location make it an attractive investment opportunity with significant potential for future returns.