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1701 Rollins Way
Columbus, GA 31904
Retail Property For Sale


Investment Highlights
- Fully renovated retail asset with upgraded lighting, security features, new awnings, and refreshed exterior finishes
- Newly executed long-term leases with Aurora Nail Spa and Salty Dawg Spa supporting durable cash flow
- Additional contiguous parcel included, offering expansion or future development optionality
- Stable long-term tenancy anchored by HoneyBaked Ham Co. with eight years remaining on its lease term
- Strong surrounding retail presence including Target, Publix, PetSmart, The Fresh Market, Michaels, and multiple dining options
- 2026 Pro Forma NOI of $179,288 providing immediate in-place income stability
Executive Summary
2% buy side commission
1701 Rollins Way presents a highly compelling, turnkey retail investment located in one of Columbus’ strongest and most established commercial corridors. Situated among top national retailers including Target, Publix, PetSmart, The Fresh Market, Michaels, and numerous dining options, the property benefits from strong consumer draw and consistent year-round traffic. Its position within a proven retail cluster reinforces long-term tenant stability and provides durable investor security.
The center is fully leased with an impressive roster anchored by HoneyBaked Ham Co., a tenant that has occupied the property since 2000 and carries eight years remaining on its current term. Complementing this anchor are two recently secured tenants: Aurora Nail Spa with a ten-year lease and Salty Dawg Spa with a five-year lease, adding diversification and fresh momentum to the rent roll. This blend of long-standing occupancy and newly executed commitments helps ensure predictable income and low rollover risk, positioning the asset well for steady performance.
Ownership has completed extensive renovations, making this a true turnkey offering. Improvements include a remodeled and repainted building, upgraded parking areas with new striping and sealing, LED lighting and accent upgrades, enhanced security with a modern surveillance system, new awnings throughout, upgraded roadside signage, and refreshed landscaping with irrigation enhancements. The TPO roof, installed in 2018 with a 25-year warranty, provides additional peace of mind for long-term maintenance planning.
The sale also includes a valuable ±0.26-acre contiguous parcel at 1703 Rollins Way, offering investors optional expansion or future development flexibility in a corridor where land is limited. Combined with a projected 2026 NOI of $179,288, the asset provides both immediate stability and long-term upside in a thriving retail environment.
1701 Rollins Way presents a highly compelling, turnkey retail investment located in one of Columbus’ strongest and most established commercial corridors. Situated among top national retailers including Target, Publix, PetSmart, The Fresh Market, Michaels, and numerous dining options, the property benefits from strong consumer draw and consistent year-round traffic. Its position within a proven retail cluster reinforces long-term tenant stability and provides durable investor security.
The center is fully leased with an impressive roster anchored by HoneyBaked Ham Co., a tenant that has occupied the property since 2000 and carries eight years remaining on its current term. Complementing this anchor are two recently secured tenants: Aurora Nail Spa with a ten-year lease and Salty Dawg Spa with a five-year lease, adding diversification and fresh momentum to the rent roll. This blend of long-standing occupancy and newly executed commitments helps ensure predictable income and low rollover risk, positioning the asset well for steady performance.
Ownership has completed extensive renovations, making this a true turnkey offering. Improvements include a remodeled and repainted building, upgraded parking areas with new striping and sealing, LED lighting and accent upgrades, enhanced security with a modern surveillance system, new awnings throughout, upgraded roadside signage, and refreshed landscaping with irrigation enhancements. The TPO roof, installed in 2018 with a 25-year warranty, provides additional peace of mind for long-term maintenance planning.
The sale also includes a valuable ±0.26-acre contiguous parcel at 1703 Rollins Way, offering investors optional expansion or future development flexibility in a corridor where land is limited. Combined with a projected 2026 NOI of $179,288, the asset provides both immediate stability and long-term upside in a thriving retail environment.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,760 SF
Building Class
B
Year Built/Renovated
2000/2024
Price
$2,400,000
Price Per SF
$309.28
Cap Rate
7.46%
NOI
$179,136
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
GC General Commercial - General Commercial
Parking
58 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 189-001-030 | Improvements Assessment | $483,868 |
| Land Assessment | $244,132 | Total Assessment | $728,000 |
Property Taxes
Parcel Number
189-001-030
Land Assessment
$244,132
Improvements Assessment
$483,868
Total Assessment
$728,000
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