2111 Buena Vista Rd - Retail FOR SALE


Columbus, GA 31906- Midtown Columbus
$1,115,000 USD
404-812-8925
2111 Buena Vista Rd, Columbus, GA for Sale
$1,115,000 USD
Retail - FOR SALE
1/10
null | 7% Cap Rate

2111 Buena Vista Rd
Columbus, GA 31906
Midtown Columbus


OVERVIEW

Current NOI: $78,071 Pro Forma NOI at $11 PSF Gross: $121,441 - 100% leased with diverse tenants serving the daily needs of the surrounding community - Current NOI of $78,071 with the ability to grow to $121,441 through pro forma rents, representing a significant value-add opportunity - Excellent visibility along Buena Vista Road, a major corridor with steady daily traffic and convenient access to downtown Columbus and Fort Benning - Majority of tenants on MTM agreements, providing investors the flexibility to reposition rents or re-tenant the property for enhanced income - Average rent of $8.72 PSF compared to market rents exceeding $11 PSF, allowing for immediate mark-to-market potential - Over 68,000 residents within a 3-mile radius and growing household incomes support long-term tenant success - Located less than 11 miles from Fort Benning, one of the largest military The Alamo Center is a fully occupied, neighborhood retail center located along the highly visible and trafficked corridor of Buena Vista Road in Columbus, Georgia. The center spans 12,895 square feet and sits on a well-positioned parcel just minutes from the heart of Columbus. Surrounded by dense residential neighborhoods and local businesses, the center caters to the daily needs of the local community with a diverse tenant mix including barbershop, furniture, restaurant, and tax preparation services. Strategically located less than 3 miles from downtown Columbus and 11 miles from Fort Benning, The Alamo Center benefits from strong daytime population, affordable rents, and convenient access to major roadways. The property's infill location and below-market rents create long-term upside for investors seeking stable cash flow with value appreciation potential.

FOR SALE DETAILS

PRICE

$1,115,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THE ALAMO CENTER

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

NC

APN/PARCEL ID

038 005 001

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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