For Sale
$1,421,513

3747 Gentian BlvdColumbus, GA 31907

Columbus, GA Retail Property - 7.40% Cap

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity features a 7,500 square foot Dollar General store in Columbus, Georgia, built in 2017. Located on a 1.06-acre lot at 3747 Gentian Blvd (31907), this Class A, single-tenant property boasts a 15-year absolute NNN lease with 8 years remaining on the primary term and five 5-year renewal options, each with a 10% rent escalation. The tenant, Dollar General (credit rated BBB with S&P), is 100% responsible for all expenses, including taxes, insurance, CAM, roof, and structure. The property generates a strong NOI of $105,192, resulting in a 7.40% cap rate and a price per square foot of $189.54. The asking price is $1,421,513. This prime location benefits from high visibility near US Hwy 27 (27,500 VPD) and I-85 (72,400 VPD), proximity to Columbus State University, Peachtree Mall, and Fort Moore, a major US military base. The property is zoned commercial and offers a fee simple ownership. This is a compelling investment with a strong tenant, excellent location, and significant upside potential.

Highlights

  • 7,500 SF Dollar General in Columbus, GA, built in 2017.
  • 1.06-acre lot at 3747 Gentian Blvd (31907); Class A, single-tenant building.
  • 15-year absolute NNN lease with 8 years remaining and five 5-year options, each with 10% rent escalation; Dollar General (BBB S&P rating) is responsible for all expenses (taxes, insurance, CAM, roof, structure).
  • $1,421,513 asking price; $189.54 PSF; 7.40% cap rate; $105,192 NOI.
  • High-visibility location near US Hwy 27 (27,500 VPD) and I-85 (72,400 VPD); near Columbus State University, Peachtree Mall, and Fort Moore.
  • Fee simple ownership; commercially zoned.

Property Details for 3747 Gentian Blvd

Property type
Retail properties, Retail space
Square Feet
7,500 SF
Class
A
Year Built
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.508152793786
Longitude
-84.931424884678
3747 Gentian Blvd, Columbus, Georgia

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3747 Gentian Blvd
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