Mattress Firm Distribution Center

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Robert Bender

Managing Partner

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PROPERTY ADDRESS

1112 Industry Ave., Albany, GA 31707

PROPERTY INFORMATION

Price:
$1,106,000
Cap Rate:
8.50%
Term Remaining:
8 years Years
Year Built:
1968/Renovated 2015
Status:
Available

INVESTMENT HIGHLIGHTS

  • 26,866 SF Free Standing Mattress Firm Distribution Center
  • Minimal Landlord Responsibilities
  • 8+ Years Remaining on Initial Term | Corporate Guaranteed Lease
  • 10% Rent Increases Every 5 Years Including Options
  • Property is an Expansion Location From an Adjacent 12,000 Warehouse
  • Tenant Paid Renovations Exceeded $200,000
  • Approximately 25% of GLA is Office Space
  • This Site Fulfills 11 stores Currently With Several More Planned Store Opening Coming Soon. It Services Stores In Columbus, Warner Robbins, Macon, Valdosta, Albany, Tallahassee FL and Dothan AL