Retail Investment with Hospital
For Sale
Contact for pricing
3808 River Road, Columbus, GA 31904
For-sale retail property with a 9% cap rate and a sister hospital less than one mile away.
Property Size6,636 SF
Price / SF$98.20
Days on Market83
Property Features for 3808 River Road
General Information
Standard status
Active
Size
6,636 SF
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$59,034
Financials
Cap Rate
9%
Business Included
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Cameron Davodi · License #CA - 02237200
Source:
Crexi
Added: Jun 16
Changed: Aug 21
Last Checked: Sep 5 at 10:55PM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail property is offered with a stated 9% cap rate and 3% annual increases. The asset totals 6,636 square feet and is described in the offering as benefiting from nearby medical demand due to a sister hospital located less than one mile away.
The property is located at 3808 River Road in Columbus, Georgia 31904. The provided remarks focus on the combination of income assumptions and the close proximity to the sister hospital, which may be relevant for tenants seeking steady foot traffic in the surrounding area.
The property is located at 3808 River Road in Columbus, Georgia 31904. The provided remarks focus on the combination of income assumptions and the close proximity to the sister hospital, which may be relevant for tenants seeking steady foot traffic in the surrounding area.
Key Highlights
- 9% cap rate
- 3% annual increases
- Sister hospital located less than 1 mile away
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Beauty & Spa 3%
Family Dollar
Shops & Services
5,433 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
4,122 visits/mo
0.3 miles
AutoZone
Shops & Services
2,858 visits/mo
0.4 miles
Marathon Petroleum
Shops & Services
2,332 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
2,220 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For-sale retail property with a 9% cap rate and a sister hospital less than one mile away.
Where is this retail space located?
The property is located at 3808 River Road Columbus, GA.
What is the asking price?
The asking price for this property is $651,638.
What are key features of this property?
This property features: 9% cap rate; 3% annual increases; Sister hospital located less than 1 mile away
