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2822 Nottingham Way

14,939 SF 100% Leased Retail Building Albany, GA 31707 $3,275,000 ($219/SF) 7.02% Cap Rate

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Investment Highlights

Located at a lighted intersection near all major retailers. Anchored by a Aldi supermarket. New Price Reduction of $500,000.

Executive Summary

Owner just reduced price by $500K. This NNN leased property is leased to national and regional recession proof Tenants. Anchored by Buffalo Wild Wings. The 13,500sf center is occupied by BWW, Medcare Medical Clinic, Mariner Finance, and other local tenants. Located within 1/2 mi of Albany Mall and other National retailers including Walmart, the center is shadow anchored by Aldi. Kohls and a 8screen cinema is across the street. This is truly a Class A location with multiple possibilities to add value. Owner is from out of state.

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Property Facts

Sale Type

Investment

Sale Conditions

1031 Exchange

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

14,939 SF

Building Class

Year Built

2007

Price

$3,275,000

Price Per SF

$219

Cap Rate

7.02%

NOI

$230,000

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.17

Lot Size

2.04 AC

Zoning

Parking

88 Spaces (6.29 Spaces per 1,000 SF Leased)

Frontage

600 FT on Nottingham Way

Accommodation and Food Services
99,999 SF
$9.99
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Jan 0000

The year was 1982. Jim Disbrow and Scott Lowery had recently moved to Ohio from Buffalo, New York. All was fine until one day when the two were craving wings. Not just ordinary wings, but authentic Buffalo, New York-style chicken wings. With none to be found nearby, Jim and Scott had two choices: road trip to New York, or open a wing joint close to home. Lucky for them, they chose the latter. Hence, the beginning of Buffalo Wild Wings & Weck, now Buffalo Wild Wings®, the welcoming neighborhood atmosphere with a front-row seat for every sports fan that offers 21 mouth-watering signature sauces and seasonings.