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Investment Highlights

  • Investors will want to capitalize on this turnkey, former anchor retail property ready for a new vision in a key retail corridor of Columbus, Georgia.
  • Placed immediately east of Downtown Columbus, next to Georgia Route 411, and just outside of Fort Benning Military Reservation.
  • Broad GC (General Commercial) zoning allows for many potential uses at this property, boding well for investors, owner/users, and developers.
  • Located adjacent to Buena Vista Road, a busy retail area experiencing high traffic volumes exceeding 28,000 vehicles daily.
  • Surrounded by an abundance of retailers driving traffic, including Zaxby’s, AutoZone, Domino’s Pizza, Rent-A-Center, Taco Bell, and more.
  • Benefit from impressive local demographics, including over $1.2 billion in consumer spending and 67,262 employees located within a 5-mile radius.

Executive Summary

Investors, developers, and owner/users will want to take note of this turnkey retail opportunity in Columbus, Georgia.

928 Wright Drive presents a vacant anchor space ready for buyers to make their own. This single-story, 48,115-square-foot property offers flexible space to suit a variety of uses. Situated on 4.32 acres with 252 parking spots, it’s ready to support high-traffic businesses or creative redevelopment. Built in 1979, the building is a well-known fixture in the Columbus, Georgia, retail scene, offering prime visibility with frontage on Buena Vista Road and Lake Rushin Drive. The 15-foot ceilings and four dock doors make the space adaptable for future needs. With General Commercial (GC) zoning, the property allows for a wide range of retail and specialized service uses, making it ideal for those seeking a high-exposure, versatile location. Buyers will find unlimited potential for growth and value.

This strategic southeast Columbus location offers buyers an outstanding investment opportunity. Nestled between Midtown Columbus and Fort Benning, the property boasts prime positioning just outside the gates of one of the nation’s largest military installations. Fort Benning, a leading US Army training center, anchors the local economy by employing more than 120,000 military personnel, family members, civilians, and retirees. Proximity to key destinations, such as Columbus Airport, further enhances the property’s appeal. Additionally, an array of national retailers and restaurants, including McDonald’s, Waffle House, Dollar Tree, and Burger King, surround the site, driving consistent traffic and ensuring strong visibility for future tenants or redevelopment plans.

Columbus is an excellent investment location, supported by major employers like AFLAC, Synovus, Pratt & Whitney, and the military base. The stable economy and housing costs 30% lower than the national average make the area appealing to residents. With its strong economic foundations and attractive living conditions, Columbus stands out as a prime destination for both investors and new businesses.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Columbus - GA USA

Market Cap Rate

Columbus - GA USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
48,115 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.26
Lot Size
4.32 AC
Parcel Number
087-023-005
Zoning
GC - General Commercial
Parking
252 Spaces (5.24 Spaces per 1,000 SF Leased)
Frontage
710’ on Buena Vista Rd

Amenities

  • Bus Line
  • Signage
  • Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
8,183
69,545
135,993
2020 Population
9,901
75,608
139,603
2030 Population
7,713
67,534
133,981
2025-2030 Projected Population Growth
-5.7%
-2.9%
-1.5%
Daytime Employees
1,433
18,316
67,262
Total Businesses
184
1,493
6,749
Average Household Income
$52,880
$60,208
$59,622
Median Household Income
$45,595
$43,070
$43,723
Total Consumer Spending
$71.3M
$631M
$1.2B
Median Age
39.1
38.0
36.1
2025 Households
3,167
27,936
54,943
Percent College Degree or Above
7%
11%
12%
Average Home Value
$125,649
$188,663
$193,215

Nearby Major Retailers

Zaxby's
Krystal
Rent-A-Center
Walmart Neighborhood Market
Waffle House

Sale Advisors

Sale Advisors

Doug Jefcoat, CCIM
Doug is licensed in Ga and Ala.

Doug Jefcoat graduated with an Electrical Engineering degree from the University of South Carolina. After graduating, he worked for Georgia Power for several years in a nuclear power plant, before transferring to their marketing area in Atlanta, Ga where his job was to bring industry into the state of Georgia.  Ga Power moved him to Columbus for two years In the 80s. After serving as President of the Columbus JCs he then returned back to Atlanta.  A year later, he decided to make the move into full time Real Estate.  

Doug worked with WCBradley for 23 years serving in many positions before opening his own Real Estate  company in 2019    Jefcoat RealEstate Services, LLC. While at WC Bradley, he led the team as Residential developer of Maple Ridge Subdivision.  He was also very involved in many other city development projects.  In Harris County, Doug served on numerous boards, committees. and did the rezoning that now allows for smaller subdivisions.

Doug brought over 20 businesses into Downtown Columbus while holding numerous project management positions. He was very involved in the Eagle and Phenix Mills and Riverfront  development.  

Doug currently holds the prestigious title of CCIM, very few Brokers, REALTORS attain this certification. He is the current Immediate President of the Columbus Board of Realtors and also sits on other Columbus, State Committees. Doug's experience in property sales, land development, rezoning, property management, and bringing industry into Georgia make him stand out in Real Estate.  He is also a great motivational speaker.

Doug is married to Jeanne Kilgore Jefcoat and they have 5 grown children and 13 Grandchildren. He is an involved in a local band, ”The Retro Phonics”, where he plays drums. He is also  Christian.
Steven Bush
Steven's goal as a real estate agent is to provide all of his clients with the best service possible. As a licensed Real Estate Agent with Virtual Properties Realty Steven has many company resources and tools that help him to fully service all of his client’s needs in the utmost professional way. VPR is a high tech, state-of-the-art firm. They pride themselves in offering the best and most advanced technology. In 2019 VPR celebrated its 20th year as a real estate brokerage with over 3,200 agents and 17 office locations. Over the past 20 years, VPR has earned many awards which include the coveted AJC “Best Place to Work” (three years in a row). VPR and Steven are successful because they work hard to earn their client’s business and trust.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Victoria Quade
Auctioneer License: Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
  • Listing ID: 39853722

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 928 Wright Dr, Columbus, GA 31907

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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