Freestanding Commercial Building on Veterans
5736 Veterans Pkwy Columbus, GA 31904
5736 Veterans Pkwy, Columbus, GA, 31904
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For Sale
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5,391 SF building in high-traffic location, ideal for redevelopment.
Property Size5,391 SF
Price / SF$157.67
Days on Market52
Property Features for 5736 Veterans Pkwy
General Information
- Standard status
- Active
- Size
- 5,391 SF
- Property subtype
- RETAIL
Listing Agency
NAI G2 Commercial
(706) 615-6484
Listed by
Shaun Roberts · License ##401120
(706) 615-6484
Source
Moodyscre
Added: May 27 Checked: Jul 16 at 8:37 am
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
Investment Insights
Based on property information with market context.
The property at 5736 Veterans Parkway is a freestanding commercial building offering approximately 5,391 square feet in a high-traffic area of Columbus. Previously operated as a bar and grill, the property includes a large open area with a stage and bar, a private office, restrooms, a kitchen, and two walk-in coolers. The site is positioned at the corner of Veterans Parkway and Whitesville Road, benefiting from a prime location along one of Columbus’ busiest commercial corridors. The location provides excellent visibility and accessibility, with strong daily traffic counts. The surrounding area includes a mix of national retailers, local businesses, and established residential neighborhoods, providing a steady customer base. Its central location offers convenient access to major roads, making it easily accessible from across the Columbus market. The property is suitable for restaurant, entertainment, or redevelopment use.
Key Highlights
- High‑traffic location on Veterans Parkway with excellent visibility and accessibility.
- Large, 5,391 SF freestanding commercial building.
- Previously operated as a bar & grill, with existing infrastructure (stage, bar, kitchen, walk‑in coolers).
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 | $98.3k | $18.24 |
| − Vacancy | −$4.5k | −$0.84 |
| EGI | $93.8k | $17.40 |
| − OpEx | −$23.5k | −$4.35 |
| NOI | $70.4k | $13.05 |
5,391 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.01M
$879.5K – $1.17M
NOI $70,356 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,437 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kickback and Laugh Comedy ...
Nightclub
The Outskirts Sports Bar ...
Bar & Pub
Similar For Sale Nearby
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- Circle K — 2536 Airport Thruway, Columbus, GA 31904
- Lucky Lounge — 4267 Holly Ave, Columbus, GA 31904
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FAQs
What type of property is this?
Bar & Pub - 5,391 SF building in high-traffic location, ideal for redevelopment.
Where is this bar & pub located?
The property is located at 5736 Veterans Pkwy Columbus, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High‑traffic location on Veterans Parkway with **excellent visibility and accessibility**.; Large, **5,391 SF freestanding commercial building**.; Previously operated as a bar & grill, with existing infrastructure (stage, bar, kitchen, walk‑in coolers).
