Freestanding Automotive
3410 Veterans Parkway, Columbus, GA 31904
For Sale
Contact for pricing
Enterprise Rent-A-Car occupies the site under a lease with annual rent increases and renewal options.
Property Size1,500 SF
Lot Size0.64 Acres
Price / SF$166.67
Days on Market36
Property Features for 3410 Veterans Parkway
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Road Access
Tenancy & Operations
Currently Operating
Tenant in Place
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Buildings
Tenancy
Listing Agency:
Coldwell Banker Commercial - KPDD
Listed By:
Blake Carter · License GA #450145
(706) 566-2916
Source:
Crexi
Added: Oct 6
Changed: Nov 8
Last Checked: Nov 8 at 6:03PM
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 Coldwell Banker Commercial - KPDD
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Investment Insights
Based on property information with market context.
The property includes a freestanding 1,500-square-foot building on a 0.64-acre parcel. Enterprise Rent-A-Car has occupied the premises since 2005. The lease includes 2.5% annual rent increases, with renewal options that could continue occupancy through March 2037.
Located at 3410 Veterans Parkway in Columbus, Georgia, the property fronts Veterans Parkway, where traffic is reported at 22,900 vehicles per day, and also has exposure to Hamilton Road.
Located at 3410 Veterans Parkway in Columbus, Georgia, the property fronts Veterans Parkway, where traffic is reported at 22,900 vehicles per day, and also has exposure to Hamilton Road.
Key Highlights
- Freestanding 1,500‑square‑foot building on a 0.64‑acre site
- Enterprise Rent‑A‑Car has occupied the property since 2005
- Lease provides for 2.5% annual rent increases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,271
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,420
$365.4K
Cap Rate 7%
$261,014
$261.0K
Cap Rate 9%
$203,011
$203.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.4K $18.24/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$26.1K $17.40/SF
− OpEx
−$7.8K −$5.22/SF
NOI
$18.3K $12.18/SF
Area
Columbus, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,420
Cap Rate 7%
$261,014
Cap Rate 9%
$203,011
Alternative Uses
Best Use
Retail
$261.0K
$228.4K – $304.5K
NOI $18,271 @ 7.0% cap · market cap 7.31%
Second Best
Industrial
$95.3K
$83.4K – $111.2K
NOI $6,672 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$335.6K
$293.7K – $391.6K
NOI $23,494 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
22,900 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
18k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Beauty & Spa 3%
Home Improvements & Furnishings 2%
Family Dollar
Shops & Services
5,433 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
4,122 visits/mo
0.4 miles
AutoZone
Shops & Services
2,858 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
2,332 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
2,220 visits/mo
0.1 miles
Demographics for 31904, GA
36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Win-Bar Automotive Distribution — 1354 Talbotton Rd # A, Columbus, GA 31901
- Enterprise Rent-A-Car — 3410 Veterans Pkwy, Columbus, GA 31904
- U-Haul Neighborhood Dealer — 220 38th St, Columbus, GA 31904
- U-Haul Neighborhood Dealer — 3610 River Rd, Columbus, GA 31904
- Enterprise Truck Rental — 3902 Veterans Pkwy, Columbus, GA 31904
Frequently Asked Questions
What type of property is this?
Automotive property - Enterprise Rent-A-Car occupies the site under a lease with annual rent increases and renewal options.
Where is this automotive property located?
The property is located at 3410 Veterans Parkway Columbus, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Freestanding 1,500‑square‑foot building on a 0.64‑acre site; Enterprise Rent‑A‑Car has occupied the property since 2005; Lease provides for 2.5% annual rent increases
