101 S Davis St, Albany, GA 31701

Description

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 over 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 very good condition. The offering includes the adjoining land parcel located at 706 W. Broad Avenue. Excellent opportunity for a 1031-exchange.

Location