Description
Improved Price! 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 5 years remaining and the pro-forma NOI is $21,888 reflecting a 7.5% cap rate. The interior office space was recently renovated and the building is in good condition. The offering includes the adjoining land parcel located at 706 W. Broad Avenue. Excellent opportunity for a 1031-exchange.
Property Details
Property Address – 101 S. Davis Street, Albany, GA 31701
List Price - $292,000
Listing Agent – Mike Everett
Agent Phone # - 229-894-1925
Type of Property – Leased Office Investment
Lot Size - 6,000 sf
Contact Mike
