Single-Tenant NNN
For Sale
Contact for pricing
4561 RIVER RD, Columbus, GA 31904
Retail building associated with CVS and Oak Street Health, constructed in 2004.
Property Size11,970 SF
Price / SF$272.85
Days on Market91
Property Features for 4561 RIVER RD
General Information
Standard status
Active
Size
11,970 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$228,683
Building Details
Year Built
2004
Stories
1
Tenancy
Single
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Jul 24
Changed: Oct 6
Last Checked: Oct 20 at 9:08PM
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 Anchor Point Capital
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-tenant NNN property comprises an 11,970-square-foot retail building constructed in 2004. The property information identifies CVS and Oak Street Health in connection with the asset.
The building is located at 4561 River Road in Columbus, Georgia, within ZIP code 31904-5828. Its NNN classification and established retail configuration provide the principal property details for review.
The building is located at 4561 River Road in Columbus, Georgia, within ZIP code 31904-5828. Its NNN classification and established retail configuration provide the principal property details for review.
Key Highlights
- 11,970‑square‑foot retail building
- Constructed in 2004
- Single‑tenant NNN property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,217
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,124,340
$3.1M
Cap Rate 7%
$2,231,671
$2.2M
Cap Rate 9%
$1,735,744
$1.7M
Market Conditions
NOI Build-Up for 11,970 SF
Gross rent
$218.3K $18.24/SF
− Vacancy
−$10.0K −$0.84/SF
EGI
$208.3K $17.40/SF
− OpEx
−$52.1K −$4.35/SF
NOI
$156.2K $13.05/SF
Area
Columbus, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,124,340
Cap Rate 7%
$2,231,671
Cap Rate 9%
$1,735,744
Alternative Uses
Best Use
Specialty Retail
$2.23M
$1.95M – $2.60M
NOI $156,217 @ 7.0% cap · market cap 4.78%
Second Best
Retail
$2.08M
$1.82M – $2.43M
NOI $145,803 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,481 @ 7.0% cap · market cap 5.74%
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
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Shops & Services 31%
Dining 16%
Walmart Neighborhood Market
Groceries
42,163 visits/mo
0.3 miles
Circle K
Shops & Services
25,044 visits/mo
0.5 miles
Piggly Wiggly
Groceries
14,354 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
7,356 visits/mo
0.1 miles
BP
Shops & Services
5,791 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
Frequently Asked Questions
What type of property is this?
NNN property - Retail building associated with CVS and Oak Street Health, constructed in 2004.
Where is this nnn property located?
The property is located at 4561 RIVER RD Columbus, GA.
What is the asking price?
The asking price for this property is $3,266,000.
What are key features of this property?
This property features: 11,970‑square‑foot retail building; Constructed in 2004; Single‑tenant NNN property
