4519 Woodruff RdColumbus, GA 31904

This exceptional investment opportunity presents the St. Francis Marketplace, a 63,607 square foot shopping center in Columbus, Georgia. The property boasts a strong tenant roster of 14 businesses, including Planet Fitness (ranked #2 in the region), Jersey Mike's, Rent-A-Center, and Kool Smiles. Currently 88% occupied, generating a Net Operating Income (NOI) of $730,000 and an 8.00% cap rate, this multi-tenant retail center offers significant upside potential. The asking price is $9,125,000, translating to $143.46 per square foot. Built in 1969 and renovated in 1994, the property comprises three single-story buildings situated on a prime location along a major corridor in Columbus. The center benefits from high traffic counts on Manchester Expressway (36,772 vehicles) and Woodruff Road (10,706 vehicles), and enjoys proximity to St. Francis-Emory Hospital, a major employer with over 1,700 employees. The strong demographics of the area, including a population of 165,000 within a 5-mile radius and a high household income of $66,225, further enhance the investment appeal. Planet Fitness and Kool Smiles have recently signed 5-year lease renewals, securing 40% of the rental income for the next five years. Staggered lease expirations minimize vacancy risk, with no more than four tenants expiring annually over the next five years. The roof is under warranty, and an attractive end-cap space with a drive-thru is available for lease. This property presents a compelling investment opportunity in a rapidly growing market, fueled by the presence of Fort Moore, a US Army installation with over 36,000 military and civilian employees and a $4.75B economic impact. Columbus's population growth is three times the national average. The property features 18 units across three buildings, with a total of 63,607 net rentable square feet. The APN is 034-021-001.