1441 54th St - Office FOR SALE


Columbus, GA 31904- North Columbus | 
$1,325,000 USD
706-445-2300
1441 54th St, Columbus, GA for Sale
$1,325,000 USD
Office - FOR SALE
1/4
null | 8.74% Cap Rate

1441 54th St
Columbus, GA 31904
North Columbus


HIGHLIGHTS

  • Heavy traffic count
  • Convenient North Columbus Location
  • Established business corridor

OVERVIEW

1435 54th Street presents an excellent opportunity to acquire a multi-tenant office investment in the heart of North Columbus. The property consists of approximately 10,000 square feet of professional office space with a strong existing tenant base and additional upside through lease-up of the remaining available space. The property currently generates approximately $120,600 in annual rental income, anchored by a 6,000 SF NNN tenant paying $84,000 annually. Two additional tenants generate approximately $36,600 annually in combined rent. Once fully occupied, projected gross rental income increases to approximately $142,800 annually, with a projected NOI of approximately $115,775.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

8.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Columbus Multi-Unit Office Park

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,080 SF

ZONING

-

APN/PARCEL ID

188-011-019

ASK ABOUT THIS PROPERTY

Franklin HarcourtSVN Fall Line Commercial AdvisorsMore Info
706-445-2300

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Franklin HarcourtSVN Fall Line Commercial AdvisorsMore Info
706-445-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.