Contacts
Walter Kelley
ACRE Real Estate Partners
Property Details
- Property Type Retail - Strip
- Property Size 13,000 SF
- Units 3
- Lot Size 2 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Date Updated Jul 1, 2024
The property is situated within the Columbus, Georgia MSA, home to around 328,800 residents and supported by a diverse economy anchored by major employers such as Fort Benning, TSYS, Aflac, and Kia Motors Manufacturing Georgia. Over the past twenty years, the immediate 1-mile radius has witnessed an impressive 50% increase in population, showcasing the area's growth and future development potential. Additionally, the property offers excellent visibility and convenient access along Hwy 431, with a high daily vehicle count exceeding 31,000.Dollar General has been a tenant at the property for more than two decades, while Verizon has been in place since 2014, having exercised their final option in 2023. As Dollar General enters its final year of the base term, new ownership has the opportunity to reset the base rent and enhance reimbursements. Additionally, with both buildings situated on the same parcel, new ownership can subdivide the parcel to increase security or reduce the cost basis.
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Highlights
- Fully occupied
- Established, long-term tenant presence
- Great visibility and accessibility on high traffic Hwy 431
- Strategic location in Phenix City, AL
Getting around
-
34/100
Walk Score ®
-
12/100
Bike Score ®
Powered by Walk Score ®
Location
- City Phenix City, AL
- Zip Code 36869
- Market Columbus GA
Points of Interest
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Castle Fuels
0.75 miles
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Crown
1.60 miles
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Marathon
2.30 miles
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Waffle House
0.39 miles
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Subway
1.60 miles
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Royal Waffle King Cafe
2.04 miles
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Burger King
2.83 miles
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Hog Rock BBQ
2.93 miles
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Applebee's
3.67 miles
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Taco Bell
3.70 miles
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China Garden
3.70 miles
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Wendy's
4.46 miles
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McDonald's
4.84 miles
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Walmart Neighborhood Market
4.15 miles
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Aldi
4.77 miles
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Walmart Supercenter
5.08 miles
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Phenix Crossing
6.40 miles
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Publix
6.43 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Walter Kelley
ACRE Real Estate Partners