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NNN Leased Investment In Uptown Columbus, Ga 1037 Broadway Ave 8,344 SF Retail Building Columbus, GA 31901 $1,817,600 ($217.83/SF) 8.50% Cap Rate
EXECUTIVE SUMMARY
NNN Investment Opportunity located on Broadway in Uptown Columbus, Ga. The Operators are a Restaraunt Group that currently operates four Upscale Casual Dining locations in Georgia (Columbus, West Point, & Carrolton. There is 11.5 years remaining on the lease term w/ 3% annual increases. A 20 year roof was installed January 2025. Tenant pays Property Tax, Insurance, and all Maintenance.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,344 SF
Building Class
C
Year Built/Renovated
1903/2015
Price
$1,817,600
Price Per SF
$217.83
Cap Rate
8.50%
NOI
$154,500
Tenancy
Single
Building Height
2 Stories
Slab To Slab
14’
Building FAR
1.92
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C - UPT
Parking
25 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
112’ on Broadway Ave
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 004-018-011 | Improvements Assessment | $384,036 |
| Land Assessment | $19,604 | Total Assessment | $403,640 |
PROPERTY TAXES
Parcel Number
004-018-011
Land Assessment
$19,604
Improvements Assessment
$384,036
Total Assessment
$403,640
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NNN Leased Investment In Uptown Columbus, Ga | 1037 Broadway Ave
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