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Staples 501 N Slappey Blvd 23,942 SF Retail Building Albany, GA 31701 $3,193,550 CAD ($133.39 CAD/SF) 7.96% Cap Rate



INVESTMENT HIGHLIGHTS
- Recent Lease Extension – Staples Recently signed an extension for an additional 3 years through 3/31/2029. The tenant will have two remaining options
- Below Replacement Cost – This opportunity to acquire the fee simple real estate is significantly below replacement cost at ±$96 per SF.
- Over 25-Year Operating History – Staples has operated at this location since September 1999, demonstrating this store’s successful operational history
- Future Development Opportunity – Large Parcel (±2.02 AC) with excellent visibility – directly off of N Slappey Blvd which sees ±29,000 VPD.
EXECUTIVE SUMMARY
Maxx Bauman
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
For years, Staples has been the industry leader in workspace products like furniture, technology, cleaning products, and traditional office supplies. They have thousands of experts ready to help their customers navigate, thrive and succeed in the ever-changing world of work. SBA is built for business. A free account on SBA gives their clients unparalleled access to category and industry experts, the ability to add unlimited users at no cost, spend & budget controls, and everyday low prices. Staples.com allows any customer to find top-quality products through an effortless site experience. Staples.com is designed for small businesses or individuals who value great deals and a curated assortment. With stores nationwide, they help America work and learn better. Staples provides innovative printing, shipping, travel, technology and recycling services to their community of small businesses and consumers.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 000GG-00031-011 | Improvements Assessment | $713,578 CAD |
| Land Assessment | $297,195 CAD | Total Assessment | $1,010,772 CAD |
PROPERTY TAXES
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Staples | 501 N Slappey Blvd
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