1622 S Lumpkin Rd | Columbus, GA 31903
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1622 S Lumpkin Rd
Columbus, GA 31903
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- As the largest pharmacy chain in the United States, CVS (NYSE: CVS) provides a strong corporate guarantee for this property.
- With a 25-year lease beginning in late 2009, CVS has a remaining +/- 12.5 years before the end of the initial term with Ten 5-year extension options.
- The property is on a highly trafficked road with many national retailers, such as Walmart, McDonalds, Bank of America, O’Reilly Auto Parts & more.
- Columbus, GA is located on the west side of the state along the Alabama border. Population is over 200,000 and the MSA is over 325,000.
- Absolute NNN The lease has no landlord obligations, making this a very attractive and highly passive investment opportunity.
- Fort Benning is located only a few miles south of the Subject Property. It is the largest economic driver in the region with over 100,000 people.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,770 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.37 AC
Parking
70 Spaces (5.38 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 063-018-001 | Improvements Assessment | $1,233,368 |
| Land Assessment | $248,292 | Total Assessment | $1,481,660 |
PROPERTY TAXES
Parcel Number
063-018-001
Land Assessment
$248,292
Improvements Assessment
$1,233,368
Total Assessment
$1,481,660
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