• Cross Station - 2800 Old Dawson Rd, Albany, GA 31707

For Lease

Retail

Unit 8

Available now!
3,200
Square feet
$4,371
Per month
  • Time on Market
    8 months
  • Last updated
    May 24, 2022
  • Space ID
    2088659
  • Overview

    Inline retail.

  • Presented By
    UNITED PROPERTIES INC
    United Property Corporation
    Colliers | Atlanta
    Tony Dambrosio
    Joe Montgomery
Contact or Call
Retail

Unit 4D

Available now!
5,290
Square feet
$6,814
Per month
  • Time on Market
    8 months
  • Last updated
    May 24, 2022
  • Space ID
    2088661
  • Overview

    Inline retail.

  • Presented By
    UNITED PROPERTIES INC
    United Property Corporation
    Colliers | Atlanta
    Tony Dambrosio
    Joe Montgomery
Contact or Call
Retail

Unit 12

Available now!
6,725
Square feet
$8,629
Per month
  • Time on Market
    8 months
  • Last updated
    May 24, 2022
  • Space ID
    2088660
  • Overview

    Inline retail.

  • Presented By
    UNITED PROPERTIES INC
    United Property Corporation
    Colliers | Atlanta
    Tony Dambrosio
    Joe Montgomery
Contact or Call

Property Details

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.

  • Property Type
    Retail
  • Year Built
    1983Renovated 2016
  • Total Acres
    3.82
  • Total Available
    15,215RSF
  • Largest Contiguous
    6,725RSF
  • Last updated
    May 24, 2022
  • Property ID
    2045865

Landlord's Leasing Representatives

  • United Property Corporation
    UNITED PROPERTIES INC
     
  • Tony Dambrosio
    Colliers | Atlanta
     
  • Joe Montgomery
    Colliers | Atlanta