844 Veterans Parkway, Columbus, GA
$2,300,000
Price
5.9%
Cap Rate
$139,291
NOI
Overview
Description
Fully Leased Retail!! NNN Opportunity! Invest in Passive Income!! Single tenant free-standing Family Dollar located at the heavily trafficked signalized intersection of Veterans Parkway and 9th street. This stabilized property has a diverse long-term NNN tenant with 12 years remaining on the base term with a 10 percent rent increase in each option to extend. Lease corporately guaranteed by Family Dollar with 8,200 locations in the U.S. Area projected to experience strong population growth within a 3 and 5-mile radius between 2021 and 2026. Situated in an area with over 135,000 people living within 5-mile radius an average household Income exceeding. This property is also located within minutes from Fort Benning U.S. Army Military Base. Property is just blocks from High uptown, and Alabama.
PLEASE DO NOT DISTURB TENANTS
Highlights
- Lot Features: Free Standing, Private
- Number Of Buildings: 1
- Bathrooms Total: 0
- Documents Available: Lease, Legal Desc, Sewer Map
- Cooling: Central Air, Other
- Heating: Electric, Natural Gas, Other
- Electric: 110 Volts, Other
- Flooring: Ceramic Tile, Other
- Construction Materials: Brick 4 Sides
- Parking Features: Parking Lot
- Accessibility Features: None
- Security Features: Fire Sprinkler System
- Buyer Agency Compensation: 3
Listing ID: 7134088
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