FOR SALE: Strip Center in Columbus, GA | 13,870 SF Headlined by Longstanding CVS

Colliers is pleased to offer qualified investors the opportunity to acquire a ±13,870 SF, Strip Center in Columbus, GA headlined by CVS. The subject property features three tenants, CVS, Diamond Nails, and Taqueria Tapatios creating a well seasoned tenant roster. CVS has been in successful operation at the subject property since 2004. According to Placer AI, this store ranks as one of the top stores not only in the state, but also nationally. This location is ranked within the top 90 percentile within Georgia, and 81st percentile nationally. CVS is the world’s second largest healthcare company and is ranked number 64 on the Forbes’s global 2000. Furthermore, the access to two additional suites, one 1,930 SF and the other 1,060 grants an investor the ability to create additional income and upside. Both tenants recently executed new leases, which include annual escalations, reaffirming their commitment to this location.

Furthermore, the subject property is on an ample parcel size of 1.84 acres and is located at a hard signalized corner in one of the primary retail corridors in Columbus, Whittlesey BLVD. The site is located directly across the street from TSYS’s 35+ acre data center and plant, which provides jobs to hundreds of employees. TSYS, a Fortune 500 company and one of the largest payment processors in the world, is headquartered in Columbus. TSYS is one of the largest employers in the area, with over 2,600 local employees.

Columbus is the second largest city in the state of Georgia, with over 206,000 people. Columbus is home to Fort Benning, which has an annual economic impact of $5.6 billion. Located only 90 minutes from Atlanta, and on the Alabama border, Columbus plays a pivotal role in many industries. The auto industry in this corridor has become a significant growth sector, with KIA’s only manufacturing plant about thirty minutes from Columbus. The plant employs over 2,700 employees.