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6875 Ray Wright Way 5,884 SF 100% Leased Retail Building Columbus, GA 31909 $6,300,000 ($1,070.70/SF)

Investment Highlights
- 6875 Ray Wright Way is a 5,884-square-foot freestanding restaurant property built in 2024 with a drive-thru, outdoor patio, and sleek architecture.
- Situated on approximately 1.84 acres at the corner of Flat Rock Road and Highway 80, a high-visibility advantage supporting long-term value.
- Benefits from a robust retail trade area with approximately 30,000 households contributing to $816 million in annual spending within a 5-mile radius.
- Low-maintenance investment opportunity leased to two strong-credit tenants, First Watch (NASDAQ: FWRG) and Panera Bread, ensuring stability.
- Greater Columbus is a strong retail submarket with leading average rents, second only to the CBD submarket, heralding asset appreciation.
- Surrounding destinations like Bull Creek Golf Course, Publix, Walmart Supercenter, Starbucks, dozens of restaurants, and more, elevate co-traffic.
Executive Summary
6875 Ray Wright Way is the premier opportunity to acquire a stake in Greater Columbus as the area continues to see immense growth with an income-producing asset poised for long-term value.
The standalone property spans 5,884 square feet and is situated on a 1.84-acre corner lot. Delivered in 2024, the property features up-to-date commercial kitchen infrastructure, a unique modernist design, an outdoor patio, and a drive-thru. The building is fully leased to two strong establishments, First Watch and Panera Bread. First Watch is an expanding, publicly traded company that reported a 20.34% year-over-year revenue increase for the 2025 fiscal year. Panera Bread is an unmistakable chain backed by Panera Brands, which also includes Caribou Coffee and Einstein Bros. Bagels.
Strategically positioned off Highway 80 at a primary roundabout serving surrounding retail destinations, 6875 Ray Wright Way is an exceptionally visible and accessible address. The cluster of retailers, restaurants, big-box stores, and residences in the vicinity serves as a major co-traffic driver, cementing the node as an essential hub for locals. New residents are attracted to Greater Columbus for its connectivity and expanding amenity base, leading to a steady increase in disposable income.
Columbus is a strong market in terms of retail real estate trends. As of the first quarter of 2026, the market’s five-year average vacancy rate is a low 4.6%, and five-year average annual rent growth is 4.1%. The Greater Columbus submarket, in which this property lies, commands the second-highest rents in the metro area behind the CBD submarket. Highlighting the burgeoning interest in the area, nearly 370,000 square feet of commercial space was delivered within a half-mile of the property from 2023 to 2026.
The standalone property spans 5,884 square feet and is situated on a 1.84-acre corner lot. Delivered in 2024, the property features up-to-date commercial kitchen infrastructure, a unique modernist design, an outdoor patio, and a drive-thru. The building is fully leased to two strong establishments, First Watch and Panera Bread. First Watch is an expanding, publicly traded company that reported a 20.34% year-over-year revenue increase for the 2025 fiscal year. Panera Bread is an unmistakable chain backed by Panera Brands, which also includes Caribou Coffee and Einstein Bros. Bagels.
Strategically positioned off Highway 80 at a primary roundabout serving surrounding retail destinations, 6875 Ray Wright Way is an exceptionally visible and accessible address. The cluster of retailers, restaurants, big-box stores, and residences in the vicinity serves as a major co-traffic driver, cementing the node as an essential hub for locals. New residents are attracted to Greater Columbus for its connectivity and expanding amenity base, leading to a steady increase in disposable income.
Columbus is a strong market in terms of retail real estate trends. As of the first quarter of 2026, the market’s five-year average vacancy rate is a low 4.6%, and five-year average annual rent growth is 4.1%. The Greater Columbus submarket, in which this property lies, commands the second-highest rents in the metro area behind the CBD submarket. Highlighting the burgeoning interest in the area, nearly 370,000 square feet of commercial space was delivered within a half-mile of the property from 2023 to 2026.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,884 SF
Building Class
B
Year Built
2024
Price
$6,300,000
Price Per SF
$1,070.70
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.84 AC
Zoning
C1 - Commercial
Frontage
686’ on Ray Wright Road
Amenities
- Restaurant
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
6,827
26,879
70,412
2030 Population
6,610
25,889
67,990
2025-2030 Projected Population Growth
-3.2%
-3.7%
-3.4%
Median Age
36.0
37.1
37.3
College Degree + Higher
33%
33%
34%
Daytime Employees
1,889
9,526
28,186
Total Businesses
184
1,007
2,912
Average Household Income
$92,801
$96,066
$87,250
Median Household Income
$61,968
$64,921
$63,532
Total Consumer Spending
$82.6M
$327.2M
$816.1M
2025 Households
2,917
11,276
29,009
Average Home Value
$353,428
$282,083
$263,301
Nearby Major Retailers
Property Taxes
| Parcel Number | 109-014-006 | Improvements Assessment | $148,240 |
| Land Assessment | $253,692 | Total Assessment | $401,932 |
Property Taxes
Parcel Number
109-014-006
Land Assessment
$253,692
Improvements Assessment
$148,240
Total Assessment
$401,932
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6875 Ray Wright Way
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