Flex Space with Office and
For Sale
$975,000
Pending
5870 Veterans Pkwy, Columbus, GA 31909
Versatile two-level flex layout with office or training rooms, showroom area, multiple storage areas, and ample parking.
Property Size4,981 SF
Days on Market464
Property Features for 5870 Veterans Pkwy
General Information
Standard status
Pending
Size
4,981 SF
Additional Details
Traffic Count
24,000 vehicles/day
Building Details
Stories
2
Listing Agency:
Keller Williams Realty River Cities
(706) 221-6900
Listed By:
Lamar Fields · License #266466
(706) 593-8077
Source:
Exprealty
Added: Jul 16, 2025
Changed: Oct 16
Last Checked: Oct 21 at 1:38AM
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 Keller Williams Realty River Cities
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Investment Insights
Based on property information with market context.
Located in a commercial shopping center off Veterans Parkway in Columbus, GA, this versatile flex space combines retail-style showroom space with office, reception, training, and storage areas. The main floor includes three office or training rooms, a retail showroom or storefront area, two restrooms, and multiple storage spaces.
Upstairs offers two additional office or training rooms along with large storage areas that could support additional office use. The property includes ample parking to accommodate staff and clients.
The listing also notes that more than 24,000 cars pass by daily on Veterans Parkway, supporting strong visibility for the center.
Upstairs offers two additional office or training rooms along with large storage areas that could support additional office use. The property includes ample parking to accommodate staff and clients.
The listing also notes that more than 24,000 cars pass by daily on Veterans Parkway, supporting strong visibility for the center.
Key Highlights
- Versatile two‑level flex space designed for a mix of retail, office, reception, training, and storage areas
- Main floor includes three office or training rooms, a retail showroom or storefront area, two restrooms, and multiple storage spaces
- Upstairs offers two additional office or training rooms plus large storage areas that can be converted into more office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,595
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,900
$1.2M
Cap Rate 7%
$837,071
$837.1K
Cap Rate 9%
$651,056
$651.1K
Market Conditions
NOI Build-Up for 4,981 SF
Gross rent
$84.3K $16.92/SF
− Vacancy
−$6.2K −$1.24/SF
EGI
$78.1K $15.68/SF
− OpEx
−$19.5K −$3.92/SF
NOI
$58.6K $11.76/SF
Area
Columbus, GA
Vacancy
7.30%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,900
Cap Rate 7%
$837,071
Cap Rate 9%
$651,056
Alternative Uses
Best Use
Office B
$837.1K
$732.4K – $976.6K
NOI $58,595 @ 7.0% cap · market cap 6.01%
Second Best
Industrial
$316.5K
$277.0K – $369.3K
NOI $22,156 @ 7.0% cap · market cap 2.27%
Theoretical Best
Office A
$1.11M
$975.2K – $1.30M
NOI $78,015 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31909, GA
38,760
Population
17,486
Households
2.2
Avg Household Size
35
Median Age
38%
College-Educated
91%
High-School Grad
18.7 sq mi
ZIP Area
2,073
Density / Sq Mi
$69,221
Median Household Income
$44,029
Median Earnings
$1,271
Median Rent
$205,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile two-level flex layout with office or training rooms, showroom area, multiple storage areas, and ample parking.
Where is this flex space located?
The property is located at 5870 Veterans Pkwy Columbus, GA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Versatile two‑level flex space designed for a mix of retail, office, reception, training, and storage areas; Main floor includes three office or training rooms, a retail showroom or storefront area, two restrooms, and multiple storage spaces; Upstairs offers two additional office or training rooms plus large storage areas that can be converted into more office space
