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Grocery-Anchored Retail Center
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Pending

1850 N Columbia St, Milledgeville, GA 31061

Shopping center anchored by Food Depot with a secondary Beauty Queen tenant on North Columbia Street.

Property Size57,765 SF
Lot Size6.15 Acres
Days on Market117

Property Features for 1850 N Columbia St

General Information

Standard status Pending
Size 57,765 SF
Lot size 6.15 Acres
Property subtype Retail

Additional Details

Traffic Count 36,500 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Graystone Capital Advisors
Listed By: Brenton Baskin · License #CA 01808681
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 5 at 10:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Graystone Capital Advisors

Investment Insights

Based on property information with market context.

1850 N Columbia St is a grocery-anchored retail shopping center totaling 57,765 SF across 6.15 acres. The property is anchored by Food Depot, with one additional tenant, Beauty Queen, a discount beauty supply store occupying 8,000 SF of the GLA. Both tenants have replaceable below-market rents, with a weighted average of $3.67 PSF.

Food Depot’s lease expires June 30, 2029, and includes one five-year option. Beauty Queen’s lease expires in 2024, and there are no remaining options.

The center is highly visible from N Columbia Street (US-441), which is described as a four-lane retail corridor with over 36,500 vehicles daily, and it is directly adjacent to Town Central Shopping Center. Nearby retailers and major brands listed in the remarks include Tractor Supply Co and multiple national and local tenants, and La Quinta Inn & Suites by Wyndham is directly across the street.

Key Highlights

  • 57,765 SF shopping center anchored by Food Depot, plus secondary tenant Beauty Queen
  • Beauty Queen occupies 8,000 SF of GLA; both tenants have replaceable below‑market rents with a weighted avg. of $3.67 PSF
  • Food Depot lease expires June 30, 2029, with 7+ years remaining and one 5‑year option

Property Analytics

Current Use

Five star furniture ... Furniture & Home Goods Primo Water Refill Big Box & Wholesale Store Coinstar Kiosk | Bitcoin ... Kiosk Tractor Supply Co. Pet Store & Service Tractor Supply Co. ... Rental Equipment Company

Suggested Use

Top Pick Electrical Service Skin Care Clinic Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36,500 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby
542k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 17% Apparel 14% Home Improvements & Furnishings 10%
Chick-fil-A Dining
48,968 visits/mo 0.3 miles
Hobby Lobby Shops & Services
38,733 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
35,571 visits/mo 0.4 miles
Belk Apparel
32,643 visits/mo 0.4 miles
Ross Dress for Less Apparel
26,788 visits/mo 0.2 miles

Demographics for 31061, GA

42,450
Population
19,323
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
272.9 sq mi
ZIP Area
156
Density / Sq Mi
$55,371
Median Household Income
$35,797
Median Earnings
$864
Median Rent
$167,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Food Depot 1850 N Columbia St, Milledgeville, GA 31060
  • Food Depot #58 1810 N Columbia St, Milledgeville, GA 31061

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Shopping center anchored by Food Depot with a secondary Beauty Queen tenant on North Columbia Street.
Where is this grocery and convenience store located?
The property is located at 1850 N Columbia St Milledgeville, GA.
What are key features of this property?
This property features: 57,765 SF shopping center anchored by Food Depot, plus secondary tenant Beauty Queen; Beauty Queen occupies 8,000 SF of GLA; both tenants have replaceable below‑market rents with a weighted avg. of $3.67 PSF; Food Depot lease expires June 30, 2029, with 7+ years remaining and one 5‑year option
(949) 942-1300 Call to check price and availability
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