6741 Veterans PkwyColumbus, GA 31909

Property Details for 6741 Veterans Pkwy

Lot size

4.39 AC

Property type

Commercial land

APN

072 014 002

APU

72014002

Description

This exceptional investment opportunity presents a newly constructed, free-standing Popeyes restaurant in Columbus, Georgia. The property boasts a 2,200-square-foot building, constructed and renovated in 2023, situated on a prime retail location at 6741 Veterans Pkwy, 31909. The property benefits from a 15-year absolute NNN lease with a strong franchisee operator, who also manages other successful QSR brands. The lease includes a 7.5% rent increase every five years, providing significant long-term growth potential, and includes two 5-year renewal options. The property's strong performance is reflected in its 6.25% cap rate and $168,000 annual net operating income (NOI). The asking price is $2,688,000, translating to $1,221.82 per square foot. The location is ideal, positioned off I-185 on a major retail thoroughfare in a high-income area of Columbus, serving a population of over 122,793 within a 5-mile radius, with an average household income exceeding $98,572 within a 1-mile radius. The proximity to Fort Benning, supporting over 120,000 active military personnel, families, retirees, and employees, further enhances the property's appeal and ensures a consistent customer base. This is a rare opportunity to acquire a high-performing, established restaurant in a rapidly growing market.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $53,462,600

  Retail / Commercial

  $26,749,800

  Mixed-Use / Specialty

  $26,129,900

  Hospitality / Lodging

  $18,487,800

  Office

  $25,428,400

  Institutional / Educational

  $26,977,100

  Residential Income

  $31,563,200

  Multifamily

  $40,763,000

  Automotive / Energy

  $23,123,200

  Parking / Income-Based Land

  $8,497,750

  Restaurant / Food Service

  $12,471,000

  Healthcare / Senior Housing

  $27,333,600

Location Insight

City

Columbus

County

Muscogee

State

Georgia

Latitude

32.5422

Longitude

-84.955

CBSA code

17980

CBSA name

COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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