3857 St Marys Rd Columbus, GA 31906
- Retail properties
- 20,868 SF
- 2.63 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3857 St Marys Rd
- Year built
- 2014
- Lot size
- 2.63 lot acres
- Property size
- 20,868 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a freestanding, 20,868-square-foot retail building in Columbus, Georgia, currently occupied by a Goodwill Outlet Store under a 10-year NNN lease commencing September 1, 2024. The property boasts a 6.50% cap rate and a substantial net operating income (NOI) of $114,576. Situated on a 2.63-acre lot with 56 parking spaces (including 4 handicap-accessible spaces), the property enjoys excellent visibility and accessibility from Interstate 185. The building, constructed in 2014, is zoned GC (General Commercial) and benefits from a strong tenant history. The NNN lease structure minimizes landlord responsibilities, making this an ideal low-maintenance, passive income investment. The property's location is further enhanced by its proximity to other established retailers, including Ace Hardware, Shell and Marathon gas stations, Hardee's, Piggly Wiggly, Family Dollar, and a Microtel Inn & Suites. This prime location is surrounded by residential areas and schools, ensuring consistent foot traffic and strong market demand. The property's financial details are available in a comprehensive offering memorandum. This is a turnkey investment opportunity with significant potential for long-term growth and return. The property's address is 3857 St Marys Rd, Columbus, GA 31906. The APN is 088 051 033.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.9312
- Latitude
- 32.4467
