13th Street Retail Portfolio FOR SALE


Columbus, GA - Midtown Columbus
$1,625,000 USD
706-615-6292
, Columbus, GA for Sale
$1,625,000 USD
FOR SALE
1/25
null | 8.5% Cap Rate

13th Street Retail Portfolio
Columbus, GA
Midtown Columbus


HIGHLIGHTS

  • Upside opportunity through mark-to-market adjustments
  • Longstanding diverse tenant mix
  • Excellent visibility along Midtown Columbus's main commercial corridor

OVERVIEW

Rare opportunity to acquire a high-visibility retail strip located along the heavily traveled 13th Street corridor in Midtown Columbus. This retail portfolio consists of multiple contiguous storefronts, offering a diverse tenant mix, consistent income, and excellent exposure on a main east-west artery connecting Midtown to Uptown Columbus. The property offers immediate income with strong value-add potential. Several leases are approaching renewal, providing the opportunity to increase revenue through mark-to-market adjustments. This corridor benefits from excellent visibility, with a daily traffic count of ±18,000 vehicles, and is surrounded by established neighborhoods, medical centers, and commercial amenities. With its Midtown location, tenant longevity, and room for rent growth, this portfolio presents a compelling mix of stability and upside opportunity in the heart of Columbus. Portfolio Highlights: - 12 tenant spaces and 1 billboard - ±37,289 SF GLA on ±2.02 acres - Legacy ownership with long-term tenants in place - Below-market rents with near-term lease turnover opportunities - Mix of Modified Gross and NNN leases with CAM recovery - Current gross revenue: $17,300.40/month - High-visibility location with ±18,000 ADT - Zoned GC

ASK ABOUT THIS PROPERTY

Haley LymanColdwell Banker Commercial Kennon, Parker, DuncanMore Info
706-615-6292

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Haley LymanColdwell Banker Commercial Kennon, Parker, DuncanMore Info
706-615-6292

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