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% 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.
-
0BEDS
-
0.84ACRES
-
0BATHS
-
01/2 BATHS
-
6,000SQFT
-
$52$/SQFT
School Ratings & Info
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% 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.
© 2025 Albany Board of Realtors & Southwest GA MLS, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hometown Realty of Southwest GA. Data last updated: 2025-12-11T23:36:37.447.