2810 Old Dawson Rd
Albany, GA 31707
20 Year NNN Leased Package Shop · Retail Property For Sale

Property sale is subject to 20 year single leased asset with 85% (of net revenue) participation for landlord. The new owner of this property will enjoy netting approximately $510,000.00 income per year from this asset. This is a well established liquor and package shop in a mature southern market. The property is being sold subject to a sale/leaseback of the real estate to the existing operating entity, whom will be signing a 20 year single-net performance lease, in which the new landlord will participate with operating entity (tenant) in net revenues, 85% of net revenues (approx. $510,000) will be allocated to landlord. The lease will have an annual base rent of $310,000.00 and a max participation of 85% of the new revenue. Tenant shall be responsible for general maintenance, landscaping, operating costs, all management, etc. Landlord will be responsible for major systems' repair (HVAC, Roof, Structure, Wiring, etc)