This exceptional investment opportunity presents a 20,363 square foot, fully leased shopping center in Columbus, Georgia. Boasting 100% occupancy with a diverse tenant mix including Rising Flour, China Star, and others, this property offers a strong, stable income stream. The center underwent a complete renovation in 2021, featuring all new electrical, mechanical, lighting, storefronts, sewer, HVAC, and a brand-new TPO roof. Each of the twelve units benefits from a new 3-ton HVAC system. Situated on a 1.74-acre lot (APN 069-011-001) with a daily traffic count averaging approximately 10,480 vehicles, the property enjoys excellent visibility and accessibility near Manchester Expressway, Columbus State University, and Peachtree Mall. The asking price is $3,900,000, representing a price per square foot of $191.52 and a 6.68% cap rate with a current NOI of $260,415. All leases are NNN, and the rents average $13.34 per square foot NNN, below market rates. The property is zoned GC and features a single-story building constructed in 1984. An assumable loan balance is available. This is a prime opportunity for investors seeking a stable, high-performing retail asset in a desirable location. The property's location on the Columbus Fall Line Trace ("Dragon Fly Trail") further enhances its appeal.
Highlights
Fully leased, 20,363 SF shopping center in Columbus, GA with 100% occupancy.
Lifestyle center - High-Occupancy Shopping Center in Columbus, GA
Where is the lifestyle center located?
The property is located at 3709 Gentian Blvd Columbus, GA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Fully leased, 20,363 SF shopping center in Columbus, GA with 100% occupancy.; NNN leases averaging $13.34/SF, below market rates.; Assumable loan available.
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Contacts
Jack Hayes
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Gentian Blvd Columbus, GA 31907
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Gentian Blvd Columbus, GA 31907
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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3709 Gentian Blvd
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