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    Kroger-Anchored Retail Center Title is generated by Realmo AI

    4115 Columbia Road, Martinez, GA 30907

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    Multiple retail suites are available in a Kroger-anchored center with established service and restaurant tenants.

    Type:Retail
    Property size:
    84,696 SF
    Price / SF:
    $0.00/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 1:59 am

    Property Features for 4115 Columbia Road

    General Information

    Standard status
    Active
    Size
    84,696 SF
    Property subtype
    Retail

    Properties For Sale

    at 4115 Columbia Road Contact us

    We can help!

    Listing Contact
    Liam Welch
    Liam Welch

    Listing agent Liam Welch License #GA #425517

    Listing office Jordan Trotter Commercial Real Estate

    Listing date Jun 4, 2026

    Source Jordantrotter

    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 Jordan Trotter Commercial Real Estate

    HighLights

    • Kroger‑anchored retail center with 84,696 SF total building area
    • Retail suites available ranging from 1,400 SF to 5,600 SF
    • Current tenants include Happy China, Lush Nail Bar, Jackson Hewitt Tax Service, The UPS Store, and Evans Package
    • Available for lease: 1,400 SF retail space, 5,600 SF retail space, 2,380 SF retail space, and another 1,400 SF retail space

    Overview

    This retail center offers a total of 84,696 SF, with multiple available retail spaces ranging from 1,400 to 5,600 SF. The listing notes several specific suites available, including spaces of 1,400 SF, 2,380 SF, and 5,600 SF. The tenant roster includes Happy China, Lush Nail Bar, Jackson Hewitt Tax Service, The UPS Store, and Evans Package, supporting a mix of everyday convenience and service-oriented uses.

    The property is anchored by Kroger, which typically draws consistent customer traffic to the shopping center environment. The remaining tenants listed further contribute to a day-to-day tenant mix that complements retail demand.

    For tenants, the available suite sizes provide options for smaller to mid-size retail concepts seeking placement within a grocery-anchored setting. For buyers, the existing tenant lineup and anchored center structure may offer a straightforward retail platform with multiple leasing opportunities across the center’s available spaces.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Columbia Place — 4016 Columbia Rd, Martinez, GA 30907
    • Merchants Village — Columbia Rd, Martinez, GA 30907
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Atlanta, 4115 Columbia Rd, Martinez, GA 30907
    • Columbia Centre — 4127 Columbia Rd, Martinez, GA 30907
    • Park Place Shopping Center — Martinez, GA 30907

    Location Insight

    • Map
    • Local Demand
    City
    Martinez
    County
    Columbia
    State
    Georgia
    Longitude
    -82.107053
    Latitude
    33.508189

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    FAQs

    What type of property is this?
    Shopping center - Multiple retail suites are available in a Kroger-anchored center with established service and restaurant tenants.
    Where is this shopping center located?
    The property is located at 4115 Columbia Road Martinez, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Kroger‑anchored retail center with 84,696 SF total building area; Retail suites available ranging from 1,400 SF to 5,600 SF; Current tenants include Happy China, Lush Nail Bar, Jackson Hewitt Tax Service, The UPS Store, and Evans Package
    (706) 513-9996
    We can help!
    Listing Contact
    Liam Welch
    Liam Welch
    Real Estate License ID: GA #425517
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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