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1554 S Lumpkin Rd
Columbus, GA 31903
Supermarket Paraiso 3 · Retail Property For Sale
Investment Highlights
- Single-tenant investment occupied by Supermarket Paraiso 3
- Supermarket Paraiso 3 recently signed a new lease through 12/31/2026, with a three-year renewal option extending through 12/31/2029
- Immediate adjacency to McDonald’s and CVS, reinforcing the strength of the surrounding retail corridor
- ±9,900 SF freestanding building situated on a ±1.05-acre corner lot with excess surface parking
- Highly visible corner location with multiple points of ingress and egress
- Located along S Lumpkin Road, a primary commercial corridor in Southeast Columbus with strong visibility and access with 10,200+ VPD
Executive Summary
This ±9,900 SF single-tenant retail property was constructed in 1996 and is situated on a ±1.05-acre corner parcel in Southeast Columbus, Georgia. The property is fully occupied by Supermarket Paraiso 3, a well-established grocery operator serving the surrounding community.
The site features excellent visibility, ample parking, and multiple points of access, making it well-suited for high-traffic retail use. Its strategic location along S Lumpkin Road places the property within a strong commercial corridor supported by national retailers including McDonald’s and CVS. Surrounded by stable residential neighborhoods and benefiting from steady population and household income growth, the property represents an opportunity to acquire a well-located, single-tenant net-lease asset with built-in rental stability and long-term income durability in an established Columbus submarket.
The site features excellent visibility, ample parking, and multiple points of access, making it well-suited for high-traffic retail use. Its strategic location along S Lumpkin Road places the property within a strong commercial corridor supported by national retailers including McDonald’s and CVS. Surrounded by stable residential neighborhoods and benefiting from steady population and household income growth, the property represents an opportunity to acquire a well-located, single-tenant net-lease asset with built-in rental stability and long-term income durability in an established Columbus submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,900 SF
Building Class
C
Year Built
1996
Price
$1,040,000
Price Per SF
$105.05
Cap Rate
5.87%
NOI
$61,002
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial Zoning District
Frontage
130’ on S Lumpkin Rd
Amenities
- Corner Lot
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 063-015-008 | Improvements Assessment | $171,662 |
| Land Assessment | $87,816 | Total Assessment | $259,478 |
Property Taxes
Parcel Number
063-015-008
Land Assessment
$87,816
Improvements Assessment
$171,662
Total Assessment
$259,478
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