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.