Retail Center with Ample
403 S Columbia Avenue Rincon, GA 31326
403 S Columbia Avenue, Rincon, GA, 31326
$1,600,000
For Sale
$1,600,000
Multi-tenant retail center on a sizable lot with 43 parking spaces for convenient customer access.
Property Size8,400 SF
Lot Size0.90 Acres
Price / SF$190.48
Days on Market78
Property Features for 403 S Columbia Avenue
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Lot size
- 0.90 Acres
Listing Agency
Keller Williams Coastal Area P
(912) 429-2715
Listed by
Pamela S. Chance · License #260812
(912) 429-2715
Source
Exprealty
Added: May 4 Updated: Jul 10 at 1:48 pm Checked: Jul 19 at 7:59 am
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 Keller Williams Coastal Area P
Investment Insights
Based on property information with market context.
This for-sale retail center totals approximately 8,400 square feet and sits on a .9-acre parcel. The property is positioned as a storefront retail asset, designed to serve customers with on-site parking available for day-to-day operations.
The center is located on Hwy 21 in the heart of Rincon within Effingham County. An important functional component is the availability of 43 parking spaces, supporting accessibility for shoppers and employees.
For buyers and tenants considering a retail location, the combination of a dedicated retail building and substantial parking is practical for tenant operations that depend on convenient customer visitation. The property’s highway corridor placement on Hwy 21 can also support steady retail visibility, while the ample parking layout helps reduce friction for customers arriving by car.
The center is located on Hwy 21 in the heart of Rincon within Effingham County. An important functional component is the availability of 43 parking spaces, supporting accessibility for shoppers and employees.
For buyers and tenants considering a retail location, the combination of a dedicated retail building and substantial parking is practical for tenant operations that depend on convenient customer visitation. The property’s highway corridor placement on Hwy 21 can also support steady retail visibility, while the ample parking layout helps reduce friction for customers arriving by car.
Key Highlights
- 8,400 SF multi‑tenant retail center on Hwy 21 in Rincon
- Set on a 0.9‑acre parcel in Effingham County
- Ample on‑site parking with 43 spaces for customer access
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.2k | $17.40 |
| − Vacancy | −$9.9k | −$1.18 |
| EGI | $136.2k | $16.22 |
| − OpEx | −$40.9k | −$4.87 |
| NOI | $95.4k | $11.35 |
8,400 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,355 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.85M
$6.87M – $9.16M
NOI $549,524 @ 7.0% cap · market cap 34.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Georgia Auto Pawn, ...
Loan Service
City Nails
Nail Salon
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FAQs
What type of property is this?
Storefront property - Multi-tenant retail center on a sizable lot with 43 parking spaces for convenient customer access.
Where is this storefront property located?
The property is located at 403 S Columbia Avenue Rincon, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8,400 SF multi‑tenant retail center on Hwy 21 in Rincon; Set on a 0.9‑acre parcel in Effingham County; Ample on‑site parking with 43 spaces for customer access
