Aerial view of Albany Square shopping center at golden hour
Anchored Investment Opportunity

Albany SquareSHADOW-ANCHORED BY PUBLIX

2707 Dawson Rd · Albany, GA 31707Southwest Georgia
Albany Square cover — Publix, Hobby Lobby, PetSmart, BAM Books-A-Million
Aerial view of Albany Square shopping center
Albany Square offering aerial with parking field
Property aerial with anchor logos overlaid
North-facing aerial view with tenant signage
Albany, GA market aerial showing retail center of gravity
Publix Food & Pharmacy exterior — shadow anchor
Albany Square cover — Publix, Hobby Lobby, PetSmart, BAM Books-A-Million
Aerial view of Albany Square shopping center
Albany Square offering aerial with parking field
Property aerial with anchor logos overlaid
North-facing aerial view with tenant signage
Albany, GA market aerial showing retail center of gravity
Publix Food & Pharmacy exterior — shadow anchor
01 / Offering

The Opportunity

Matthews, as exclusive broker, is pleased to present the opportunity to acquire Albany Square — a 117,721± SF community center shadow-anchored by Publix and anchored by Hobby Lobby, PetSmart, and Books-A-Million, located just off US-82 / GA-520 within the heart of the Albany, GA retail center of gravity.

Anchor Tenants
Publix(Shadow)
Hobby Lobby
PetSmart
BAM! Books-A-Million
National Tenants
America's Best
T-Mobile
Bath & Body Works
Crumbl Cookies
117,721 ± SF
Offering GLA
14.025 ± AC
Land Area
87.93 %
Occupancy
1992 / 2025
Built / Ren.
$830,888
NOI
Market to Establish
Price
4 national
Anchors
02 / Investment Highlights

Why Albany Square

01

Strategic main-and-main position within the heart of the Albany retail nucleus

Just off US-82 / GA-520, at the signalized intersection of Dawson Rd and N Westover Blvd, accessing 43,400 combined VPD.

02

Complementary national anchor base — Hobby Lobby, PetSmart, and Books-A-Million

Hobby Lobby ranks in the top 29% (#310 of 1,053) and PetSmart in the top 40% (#619 of 1,558) for consumer foot traffic nationally.

03

Adjacent to Albany's only Publix — a high-performing location owned by Publix since 2014

#204 of 1,401 Publix stores in the U.S. (top 14%), providing an essential-needs draw that shadow-anchors the Center.

04

100% national retail tenant roster

Including America's Best Contacts & Eyeglasses, T-Mobile, Bath & Body Works, and Crumbl Cookies.

05

Surrounded by fast-casual and fast-food national outparcels

Olive Garden, Panera, Checkers, Starbucks, Five Guys, Chipotle, Outback, and a new Dutch Bros (coming soon) drive activity throughout the day.

06

Major component of Albany's regional retail center of gravity

Nearby retail draws include Target, Burlington, Five Below, Ulta, Walmart, Ross, Lowe's, JCPenney, Belk, Dillard's, and Academy Sports.

07

Albany Mall — immediately east — is undergoing a massive mixed-use redevelopment

Indoor/outdoor sports venue with pickleball courts, arcade and restaurants, a 162-key dual-branded Hilton, and a recently opened Academy Sports.

03 / Market

Albany, Georgia

Market overview aerial of Albany, GA showing Albany Square and surrounding retailers
At a glance

Attached to the city's only Publix and adjacent to Target, Burlington, Ulta, and Five Below — Albany Square anchors the retail center of gravity in southwest Georgia's economic hub.

Along the Flint River

Located in southwest Georgia along the Flint River, Albany serves as the economic, healthcare, and education hub for a broad multi-county region.

Home to approximately 68,000 residents, the city benefits from a diverse economy anchored by healthcare, manufacturing, logistics, agribusiness, and government employment. Albany State University, Marine Corps Logistics Base Albany, and Phoebe Putney Health System provide stable employment, while ongoing investment in downtown revitalization and regional infrastructure continues to strengthen the area's long-term growth.

Top Industry Sectors
HealthcareManufacturingLogistics & DistributionGovernment & DefenseHigher EducationAgribusiness
Major Area Employers
  • Phoebe Putney Health System
  • Marine Corps Logistics Base Albany
  • Procter & Gamble
  • Georgia-Pacific
  • MillerCoors
  • UPS
  • Albany State University
6,000+
ASU Students
60+
Degree Programs
500+
Faculty & Staff
15
NCAA D-II Teams
03.1 / Infrastructure

Connected across Southwest Georgia

SW Georgia Regional Airport (ABY)

7 mi · 15 min
  • 40,000 annual operations; three daily Delta Connection flights to ATL
  • UPS on-site air cargo sort facility serving SW GA, SE AL, and the FL Panhandle
  • Quail Hunting Capital of the World — private-jet traffic Nov–Feb

Phoebe Putney Memorial Hospital

691-bed NFP teaching hospital
  • 1.1M outpatient visits
  • 106K ER visits
  • 22K admissions
  • 4,500 employees
  • 200+ providers on staff

Ports & Highways

Atlantic Coast
Brunswick 167 mi · Jacksonville 211 mi · Savannah 233 mi
Gulf Coast
Panama City 154 mi · Pensacola 232 mi
Highways
I-75 · US-19 · US-82 · GA-62 · GA-133 · GA-234 · GA-300
04 / Attributes

Property Attributes

43,400
Combined VPD
Dawson Rd & N Westover Blvd
0
Only Publix in Albany
Shadow anchor since 2014
1 mi
Albany Mall
Mixed-use redevelopment
100%
National Roster
Zero mom-and-pop exposure
01

Strategic Positioning

Positioned just off US-82 / GA-520 at the signalized intersection of Dawson Rd and N Westover Blvd, anchoring a high-visibility retail corridor in the heart of Albany.

02

Regional Retail Nucleus

Immediately surrounded by Target, Burlington, Five Below, Ulta, Walmart, Ross, Lowe's, JCPenney, Belk, Dillard's, and Academy Sports — the retail center of gravity for southwest Georgia.

03

Albany Mall Mixed-Use Redevelopment

Immediately east of the Property, Albany Mall is being redeveloped into a mixed-use entertainment hub — pickleball, arcade, restaurants, a 162-key dual-branded Hilton, and a recently opened Academy Sports.

Albany Square property aerial with tenant call-outs
05 / Tenancy

Tenant Highlights

Publix Food & Pharmacy
Shadow Anchor
#204 of 1,401
Top 14% U.S.
Hobby Lobby
Anchor
1,000+
Locations · Privately Held
PetSmart
Anchor
1,600+
Locations · Privately Held
Books-A-Million (BAM!)
Anchor
260+
Locations · Privately Held
01

Top Retail Asset in the Market

Albany Square anchors the retail center of gravity in Albany with a complementary anchor line-up spanning grocery (shadow), crafts, pet, and books — a proven combination that generates cross-shopping throughout the day.

02

100% National Tenant Roster

Every occupied suite is leased to a national brand — Publix, Hobby Lobby, PetSmart, BAM, America's Best, T-Mobile, Bath & Body Works, and Crumbl Cookies. Zero exposure to mom-and-pop tenancy risk.

03

E-Commerce-Resistant Service Mix

The in-line roster leans toward service-oriented, experience-driven uses — optical, wireless, personal care, and specialty desserts — that resist e-commerce displacement and drive repeat visits.

In-line national tenants
America's Best Contacts & Eyeglasses
T-Mobile
Bath & Body Works
Crumbl Cookies
Dutch Bros (NAP · Coming Soon)
06 / Gallery

Albany Square

07 / Contact

Exclusively listed by

Kyle Stonis, CCIM
Senior Vice President
GA Lic. 265771
Pierce Mayson
Senior Vice President
GA Lic. 306418
Jeff Enck
Senior Vice President
GA Lic. 210921
Boris Shilkrot
Associate Vice President
GA Lic. 391741
Debt Contact
Andrew Marcus
First Vice President
Broker of Record
Maxx Bauman
GA Lic. 451849 · Firm 80041