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Fully Leased Retail Space
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4200 Victory Dr, Columbus, GA 31903

Multi-parcel retail investment with 2,505 SF of fully leased space totaling about 1.67 acres.

Property Size2,505 SF
Lot Size1.67 Acres
Price / SF$157.68
Days on Market487

Property Features for 4200 Victory Dr

General Information

Standard status Active
Size 2,505 SF
Lot size 1.67 Acres
Property subtype RETAIL
Occupancy 100%
Listing Agency: NAI G2 Commercial
Listed By: Jack Hayes · License #336627
Source: Moodyscre
Added: Jun 18, 2025 Changed: Oct 6 Last Checked: Oct 16 at 11:30AM

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 NAI G2 Commercial

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Investment Insights

Based on property information with market context.

Fully leased retail space available for purchase, comprised of 10 parcels totaling approximately 1.67 acres. The offering includes about 2,505 SF of retail space that is fully leased.

The property is presented as a multi-parcel investment, which can be appealing for buyers looking to diversify control across several parcels while maintaining a single retail footprint. The retail area is already under lease, providing an established operating context at the time of sale.

This listing is focused on the existing leased retail improvements and the parcel configuration included in the transaction. Buyers should review the lease details and parcel specifics during due diligence to confirm how the retail space and ownership structure fit their ownership goals.

Key Highlights

  • 10 parcels totaling about 1.67 acres
  • About 2,505 SF fully leased retail space
  • Retail space structured as a multi‑parcel investment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,513
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,260 $610.3K
Cap Rate 7%
$435,900 $435.9K
Cap Rate 9%
$339,033 $339.0K
Market Conditions
NOI Build-Up for 2,505 SF
Gross rent
$45.7K $18.24/SF
− Vacancy
−$2.1K −$0.84/SF
EGI
$43.6K $17.40/SF
− OpEx
−$13.1K −$5.22/SF
NOI
$30.5K $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%
$610,260
Cap Rate 7%
$435,900
Cap Rate 9%
$339,033

Alternative Uses

Best Use
Retail
$435.9K
$381.4K – $508.6K (±1% cap)
NOI $30,513 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.5K
$490.4K – $653.9K (±1% cap)
NOI $39,235 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Soldiers Place (Bike/Boat/Book/etc) Store The Vape Loft - Vape ... (Bike/Boat/Book/etc) Store Merit Military Lending Loan Service

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Pharmacy Garden Center

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 21% Hotels & Casinos 16%
Waffle House Dining
6,903 visits/mo 0.1 miles
Exxon Shops & Services
2,625 visits/mo 0.5 miles
Holiday Inn Express & Suites Columbus-Fort Benning Hotels & Casinos
2,547 visits/mo 0.4 miles
Papa John's Pizza Dining
1,728 visits/mo 0.3 miles
Krispy Krunchy Chicken Dining
1,331 visits/mo 0.1 miles

Demographics for 31903, GA

20,703
Population
9,593
Households
2.2
Avg Household Size
34
Median Age
8%
College-Educated
76%
High-School Grad
10.0 sq mi
ZIP Area
2,070
Density / Sq Mi
$29,488
Median Household Income
$27,063
Median Earnings
$873
Median Rent
$75,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - Multi-parcel retail investment with 2,505 SF of fully leased space totaling about 1.67 acres.
Where is this retail space located?
The property is located at 4200 Victory Dr Columbus, GA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 10 parcels totaling about 1.67 acres; About 2,505 SF fully leased retail space; Retail space structured as a multi‑parcel investment
(706) 580-0614 Call to check price and availability
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