1647 Lumpkin RdColumbus, GA 31903

Property Details for 1647 Lumpkin Rd

Year built

2003

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

7,812 SF

Property type

Commercial real estate

APN

063 016 015

APU

63016015

Description

This exceptional investment opportunity presents a fee-simple ownership of a 10,354 square foot retail property in Columbus, Georgia. The property is currently 100% occupied by a portfolio of well-established national tenants: Dollar General, Dollar Tree, and Family Dollar, operating under a triple-net (NN+) lease structure with a corporate guarantee. Built in 2002, the single-story building benefits from a recently extended 10-year lease (commencing January 10, 2002, and expiring February 1, 2034), offering a remaining lease term of approximately 9.4 years. The lease includes four, five-year renewal options, each with a 10% rent increase. The property boasts a strong 7.50% cap rate and a substantial net operating income (NOI) of $86,873. Located at 1647 S Lumpkin Rd, Columbus, GA 31903, this site enjoys exceptional visibility and high traffic counts, with approximately 112,000 vehicles passing daily. The surrounding area demonstrates robust demographics, with approximately 48,653 residents within a three-mile radius and 109,597 residents within a five-mile radius. Strong co-tenancy includes national brands such as Walmart, McDonald's, American Freight, Wells Fargo, Piggly Wiggly, Enterprise Rent-A-Car, KFC, and Wendy's. The tenant, rated BBB by S&P, is considered an investment-grade credit tenant and has demonstrated a long-term commitment to the location, having operated there for over 20 years. This property represents a secure and profitable investment opportunity with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,137,335

  Hospitality

  $1,041,793

  Educational

  $866,759

  Medical

  $896,569

  Retail

  $1,348,292

Location Insight

City

Columbus

County

Muscogee

State

Georgia

Latitude

32.4239

Longitude

-84.951

CBSA code

17980

CBSA name

COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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