3709 Gentian Blvd - Restaurant FOR SALE


Columbus, GA 31907
$3,900,000 USD
706-580-0614
3709 Gentian Blvd, Columbus, GA for Sale
$3,900,000 USD
Restaurant - FOR SALE
1/6
null | 6.68% Cap Rate

3709 Gentian Blvd
Columbus, GA 31907


HIGHLIGHTS

  • All leases are NNN
  • Currently 100% occupancy & fully leased
  • Rents average $13.34/SF NNN, which is below market.
  • Loan balance is assumable
  • Average traffic count +/- 10,480 daily
  • Located on the Columbus Fall Line Trace ("Dragon Fly Trail")

OVERVIEW

+/- 20,363 SF retail strip center available for purchase in Columbus, Georgia. The current owner has renovated the entire complex from top to bottom. All new electrical, mechanical, lighting, storefronts, sewer, HVAC, and TPO roof systems are installed. The brand-new Thermoplastic Polyolefin (TPO) roof is a single-ply reflective roof. Brand new 3-ton HVAC units are for each suite. Trailside Shoppes is at 100% occupancy and fully leased. Great tenant mix that includes Rising Flour, China Star, Barber's Driving School, BTG Learning, Columbus Nutrition, Droolnolie's, LLC, Worth the Creation, Advance Rehab, Main Event, The Tiki Bar, Vape Empire, and Daiquiries & Po'boy's. Daily traffic count average of +/- 10,480 with close access to Manchester Expressway, Columbus State University, and Peachtree Mall.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trailside Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

GC

APN/PARCEL ID

069-011-001

ASK ABOUT THIS PROPERTY

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