Grocery and Convenience
5380 Columbia Rd Grovetown, GA 30813
5380 Columbia Rd, Grovetown, GA, 30813
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For Sale
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For-sale retail property in Grovetown within the Augusta MSA’s highly affluent market profile.
Property Size9,100 SF
Price / SF$141.85
Days on Market102
Property Features for 5380 Columbia Rd
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing agency
Marcus & Millichap - Atlanta
Listed by
Brian Munn · License #GA 263081
Source
Crexi
Added: Apr 13 Updated: Jul 22 at 10:34PM Checked: Jul 22 at 10:34PM
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 Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This for-sale commercial property is identified as a grocery and convenience retail asset within the Augusta MSA. The listing includes a stated property size of 9,100 and provides market commentary in the public remarks.
The property address is 5380 Columbia Rd, Grovetown, GA 30813. According to the provided remarks, the area is characterized as a highly affluent market with an AHI over $138K, and the listing also references “conservative rent” and a “79th percentile” measure.
No additional building specifications, tenant information, or unit-level details were provided in the information received.
The property address is 5380 Columbia Rd, Grovetown, GA 30813. According to the provided remarks, the area is characterized as a highly affluent market with an AHI over $138K, and the listing also references “conservative rent” and a “79th percentile” measure.
No additional building specifications, tenant information, or unit-level details were provided in the information received.
Key Highlights
- Retail property built in 2009
- Located in the Augusta MSA within Grovetown
- Public remarks note an AHI over $138K for the market profile
Local Financial Insights For Specialty 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 | $150.7k | $16.56 |
| − Vacancy | −$8.1k | −$0.89 |
| EGI | $142.6k | $15.67 |
| − OpEx | −$35.6k | −$3.92 |
| NOI | $106.9k | $11.75 |
9,100 SF · lease $16.56/SF/yr · vacancy 5.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,919 @ 7.0% cap · market cap 8.28%
Second Best
Retail
$1.45M
$1.27M – $1.69M
NOI $101,373 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $201,063 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Redbox
Cinema
Western Union
Bank
FedEx OnSite
Postal Service
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - For-sale retail property in Grovetown within the Augusta MSA’s highly affluent market profile.
Where is this grocery and convenience store located?
The property is located at 5380 Columbia Rd Grovetown, GA.
What is the asking price?
The asking price for this property is $1,290,857.
What are key features of this property?
This property features: Retail property built in 2009; Located in the Augusta MSA within Grovetown; Public remarks note an AHI over $138K for the market profile
