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108 S Westover BlvdAlbany, GA 31707
Albany Walmart Neighborhood Market
Asset ClassRetail
overview of deal

Overview

Collison Capital is pleased to present a net leased Walmart Neighborhood Market located at 108 S. Westover Blvd. in Albany, Georgia. Built in 2014 and situated on 6.99 acres of land, the Walmart Neighborhood Market is comprised of 41,963 square feet of retail space which includes a drive-thru pharmacy and a convenience store with fuel pumps. This Walmart Neighborhood Market is subject to a 20-year modified NNN lease with 9 years remaining and 4, 5-year options.

 

The property is adjacent to Albany State University's West Campus spanning 186 acres and including the Darton College of Health Professionals.

 

In 2024, Walmart invested heavily in this property enhancement and expansion showing their commitment to the site.

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Investment Highlights

  • Investment Grade Credit Rating "AA" - S&P/Fitch
  • Four (4), Five-Year Tenant Renewal Options w/ increases
  • Walmart fuel and convenience store
  • Walmart went through a substantial renovation and expansion in 2024

PROPERTY SUMMARY

Details
ADDRESS
108 S. Westover Blvd. Albany, GA 31707
COUNTY
Dougherty
BUILDING SF
41,963
LAND ACRES
6.99
YEAR BUILT
2014
RENOVATION
2025
PARCEL NUMBER
00306-00017-022
CONVENIENCE STORE + FUEL
Y
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108 S Westover BlvdAlbany, GA 31707

Sales Team

Carter CollisonDirector of Acquisitions and Dispositions(407) 234-4111carter@collisoncap.com

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