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4 Tenant Retail Center 1835 N Columbia St 15,200 SF 100% Leased Retail Building Milledgeville, GA 31061 $1,934,685 ($127.28/SF) 7% Cap Rate
Executive Summary
The Wolfes Company, as exclusive broker, is pleased to present the opportunity to acquire 1835 N Columbia St (the "Property") in Milledgeville, Georgia. The Property is a 15,200 SF multi-tenant retail building on 1.38 acres, 100% leased to four established tenants under NN lease structures with minimal landlord responsibilities.
Located along highly traveled N Columbia St — Milledgeville's primary commercial corridor — the Property offers excellent visibility, ingress, and egress, with traffic counts exceeding 36,000 vehicles per day. Surrounding national retailers include Starbucks, Chick-fil-A, Lowe's, Ross, and PetSmart, among others.
Located along highly traveled N Columbia St — Milledgeville's primary commercial corridor — the Property offers excellent visibility, ingress, and egress, with traffic counts exceeding 36,000 vehicles per day. Surrounding national retailers include Starbucks, Chick-fil-A, Lowe's, Ross, and PetSmart, among others.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,200 SF
Building Class
C
Year Built
2002
Price
$1,934,685
Price Per SF
$127.28
Cap Rate
7%
NOI
$135,428
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.38 AC
Opportunity Zone
Yes
Zoning
001
Frontage
233’ on N Columbia St
Amenities
- Bus Line
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,593-6,537 SF
- Retail
- In-Line
- Aug 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,593-6,537 SF | Retail | In-Line | Aug 2026 |
1st Floor
| Size |
| 1,593-6,537 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Aug 2026 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | M53-026 | Improvements Assessment | $265,112 |
| Land Assessment | $331,200 | Total Assessment | $596,312 |
Property Taxes
Parcel Number
M53-026
Land Assessment
$331,200
Improvements Assessment
$265,112
Total Assessment
$596,312
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4 Tenant Retail Center | 1835 N Columbia St
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