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new space
Cross Station
2800 Old Dawson Rd
Albany, GA
Colliers International’s Atlanta-based Southeast Retail Investment Sales team is proud to exclusively offer for sale Cross Station Station Shopping Center, a regional, destination grocery-anchored shopping center in the heart of Albany, Georgia.
Cross Station presents the opportunity to invest in a proven commercial real estate asset, with successful anchor tenants at conservative rents at a great location. The seasoned rent roll is full of national chain retailers and has shown long-term stability.
Cross Station serves as a regional shopping destination and is one of the best retail centers in Albany—a market that serves as the capital of Southwest Georgia and the economic hub of the five-county Albany Metropolitan Area. Originally developed as a Winn Dixie-anchored center, Southeastern grocers rebranded this and other stores in South Georgia to Harveys. In 2016 Harveys executed an extension resulting in 10 years of additional term, and at their own expense replaced their roof and renovated their store.
Cross Station has been professionally maintained and has a sound physical plant, with all roofs under warranty. The site enjoys excellent access via five entry points on Dawson and Old Dawson Roads, strong visibility and synergy with Albany’s Class A retailers, hotels and medical centers.
Successful grocery-anchored retail in the heart of the Sunbelt.
Excellent location/regional shopping destination: Cross Station sits at ground zero for retail in Albany, GA.
Great site characteristics: Strong visibility and multiple access points, ample frontage on a high traffic corridor. The hub for retail in Southwest Georgia.
92% of revenue from national and regional chain retailers.
Anchor tenant Harveys (Southeastern Grocers) commitment to this location with a lease extension; Harveys replaced its roof and renovated its store in 2016.
Attractive yield opportunity with room for continued upside: a 9.0% asking cap rate with conservative rents in place affords the investor a very attractive yield and the potential for future lift.
Discount-to-replacement-cost opportunity to own a seasoned and successful grocery-anchored shopping center.
$1,803 -
$29,758
$29,758
1,250 SF -
20,959 SF
20,959 SF
OGLETHORPE PLAZA
1604 E Oglethorpe Blvd
Albany, GA
Ample parking
More info
975 SF -
11,076 SF
11,076 SF
2626 Dawson Rd
Albany, GA
Full access via Dawson Road in addition to cross-access to signalized intersection via N Westover Blvd. Pylon Sign. Approximately 180’ of frontage (Dawson Road.
More info
5,500 SF
FORMER SUNTRUST ALBANY
1100 Gillionville Rd
Albany, GA
Building Size:5,655SF
Freestanding building with great visibility and signage on Gillionville Road. Property has an attached drive thru in addition to drive up ATM in parking lot. Plenty of parking with multipule ingress/egress points.
More info
5,655 SF
Albany Center
2423-2425 Sylvester Rd
Albany, GA
The property sits on 3.74 acres in Albany, GA at a signalized intersection at Sylvester Rd & Cordele Rd along the main retail corridor of Albany. This is one of the most heavily travelled highways in the region, connecting to I-75 and the main thoroughfare running east to west in South Georgia. Traffic counts along Sylvester Rd exceed 18,000 cars per day with several major retailers in close proximity. Across the intersection is a Walgreens drugstore. Wal-Mart has a Super Center located just north of the property.
$3,801 -
$13,476
$13,476
9,604 SF -
34,050 SF
34,050 SF
2601 Stuart Avenue
2601 Stuart Ave
Albany, GA
More info
More info
Albany Plaza
2220 N Slappey Blvd
Albany, GA
More info
1,668 SF -
9,702 SF
9,702 SF
Albany Plaza
2310 N Slappey Blvd
Albany, GA
Anchored by Harveys Supermarkets.
More info
1,668 SF -
34,233 SF
34,233 SF
2425 Sylvester Road
2425 Sylvester Rd
Albany, GA
More info
More info
2211 North Slappey Boulevard
2211 N Slappey Blvd
Albany, GA
More info
More info
2510 Archwood Drive
2510 Archwood Dr
Albany, GA
More info
More info
200 West Oglethorpe Boulevard
241 E Oglethorpe Blvd
Albany, GA
More info
More info
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Market Stats
Albany has 70 commercial real estate spaces for lease, representing 788,629 sqft space.
68 buildings are available for sale.
In the past 30 days, Albany has had 2 spaces leased.
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