7-Bay Turn-Key Auto Repair
For Sale
Contact for pricing
5403 Veterans Pkwy, Columbus, GA 31904
Turn-key auto repair shop with seven bays and approximately 35,000–40,000 vehicles passing daily at a signalized intersection.
Property Size7,020 SF
Price / SF$156.70
Days on Market18
Property Features for 5403 Veterans Pkwy
General Information
Standard status
Active
Size
7,020 SF
Class
B
Property subtype
Retail, Business for Sale
Additional Details
Business Included
Yes
Traffic Count
40,000 vehicles/day
Service Bays
7
Building Details
Units
1
Listing Agency:
Tire Business Group
Listed By:
Harry Archer · License #GA 388927
Source:
Crexi
Added: Jul 26
Changed: Aug 8
Last Checked: Aug 11 at 5:18AM
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 Tire Business Group
Investment Insights
Based on property information with market context.
Turn-key auto repair shop with seven bays offered together with its real estate in a single transaction. The business and the property are presented together, giving an operator the ability to take over operations immediately. The shop is described as 53 years old and is positioned to serve automotive service needs for an independent operator, a regional tire chain, an automotive service group, or an owner-user.
The property is located at a signalized intersection in North Columbus Business. Traffic counts from GDOT indicate approximately 35,000–40,000 vehicles pass the property daily, supporting customer access for an automotive service use.
The real estate is 7,020 SF, and the seller will consider all offers.
The property is located at a signalized intersection in North Columbus Business. Traffic counts from GDOT indicate approximately 35,000–40,000 vehicles pass the property daily, supporting customer access for an automotive service use.
The real estate is 7,020 SF, and the seller will consider all offers.
Key Highlights
- Seven‑bay turn‑key auto repair shop with 53‑year operating history
- Offered with its real estate in a single transaction
- 7,020 SF auto repair facility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,508
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,710,160
$1.7M
Cap Rate 7%
$1,221,543
$1.2M
Cap Rate 9%
$950,089
$950.1K
Market Conditions
NOI Build-Up for 7,020 SF
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.
Gross rent
$128.0K $18.24/SF
− Vacancy
−$5.9K −$0.84/SF
EGI
$122.2K $17.40/SF
− OpEx
−$36.6K −$5.22/SF
NOI
$85.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,710,160
Cap Rate 7%
$1,221,543
Cap Rate 9%
$950,089
Alternative Uses
Best Use
Retail
$1.22M
$1.07M – $1.43M
NOI $85,508 @ 7.0% cap · market cap 7.77%
Second Best
Industrial
$446.1K
$390.3K – $520.4K
NOI $31,225 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,951 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Service bays
40,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
73k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 45%
McDonald's
Dining
25,264 visits/mo
0.5 miles
Circle K
Shops & Services
15,397 visits/mo
0.5 miles
Del Taco
Dining
12,071 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
10,344 visits/mo
0.4 miles
MyEyeDr.
Shops & Services
2,159 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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- Tint Pro Unlimited — 1210 49th St Unit A, Columbus, GA 31904
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Frequently Asked Questions
What type of property is this?
Auto shop - Turn-key auto repair shop with seven bays and approximately 35,000–40,000 vehicles passing daily at a signalized intersection.
Where is this auto shop located?
The property is located at 5403 Veterans Pkwy Columbus, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Seven‑bay turn‑key auto repair shop with 53‑year operating history; Offered with its real estate in a single transaction; 7,020 SF auto repair facility
