For Sale
$5,000,000

1200 Brookstone Centre PkwyColumbus, GA 31904

Class A Office, 36,578 SF, 7.04% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A office complex, situated in Columbus, Georgia's premier Brookstone Centre, presents a compelling investment opportunity. The property encompasses 36,578 square feet, distributed across two buildings – a two-story structure of 22,464 square feet and a single-story building of 14,114 square feet. Nine units are spread across these buildings, currently boasting 76.57% occupancy, generating a strong net operating income (NOI) of $352,226, and a 7.04% capitalization rate. The asking price is $5,000,000, translating to $136.69 per square foot. Built in 1986, this well-maintained property sits on a 5.1-acre lot and offers 113 parking spaces, including covered walkways. Its convenient location in the North Columbus, Bradley Park area provides easy access to major shopping centers, restaurants, schools, Interstate Highway 185, and the Columbus Airport. Furthermore, it's a short 90-minute drive from Hartsfield-Jackson Atlanta International Airport and six minutes from downtown Columbus. The property is zoned CO – Commercial Office and features attractive landscaping, walking trails, and sidewalks, reflecting the high-quality development of Brookstone Centre. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving area. The property's features include beautiful landscaping, walking trails, and sidewalks throughout the complex. The APN is 189-001-003.

Highlights

  • Class A office building in the desirable Brookstone Centre.
  • 36,578 square foot, two-story building.
  • Excellent access to shopping, dining, and schools.
  • Convenient to I-185 and Columbus Airport.
  • Professionally managed with ample covered parking.
  • Brookstone Centre offers attractive landscaping and walking paths.

Property Details for 1200 Brookstone Centre Pkwy

Property type
Office properties, Medical offices
Square Feet
36,578 SF
Class
A
Year Built
1986
Buildings
2
Stories
2
Lot Size (sq. ft)
222,156 SF
Units
9

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.5364004
Longitude
-84.9763001
1200 Brookstone Centre Pkwy, Columbus, Georgia

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1200 Brookstone Centre Pkwy
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