For Sale
$1,451,881
7026 Ruffie Way Columbus, GA 31820
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Starbucks, a global coffee leader, occupies the property with a lease extending to 2031. No kick-out clause exists.
- The property boasts a low net rent of $87,412 annually, escalating to $90,742 in 2026 (approximately 50% below market). Rent increases 10% per option period.
- Recent upgrades include interior and exterior renovations completed in 2023 and 2024, minimizing future capital expenditures.
- The property benefits from high traffic counts (22,800 vehicles daily) and proximity to a thriving retail center (Midland Commons), a high-performing Chick-fil-A, and a new apartment complex. It enjoys a significant competitive advantage due to its distance from other Starbucks locations.
- The area features an affluent demographic, with a $103,538 average household income within a three-mile radius and an 80,000+ population within five miles.
- Located in Columbus, Georgia, the second-largest city in the state, the property benefits from the city's strong economic growth and low cost of living, further enhanced by the presence of Fort Moore, a major military installation. The Midland submarket is experiencing significant growth.
Property Details for 7026 Ruffie Way
- Property type
- Retail properties, Restaurants
- Square Feet
- 1,850 SF
- Year Built/Renovated
- 2015/2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 29,185 SF
Location Insight
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Latitude
- 32.538856369898
- Longitude
- -84.867837103589
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 7026 Ruffie Way Columbus, GA.
- What is the asking price?
- The asking price for this property is $1,451,881.
- What are key features of this property?
- This property features: Starbucks, a global coffee leader, occupies the property with a lease extending to 2031. No kick-out clause exists.; The property boasts a low net rent of $87,412 annually, escalating to $90,742 in 2026 (approximately 50% below market). Rent increases 10% per option period.; Recent upgrades include interior and exterior renovations completed in 2023 and 2024, minimizing future capital expenditures.
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