13th Street Retail Portfolio Portefeuille à vendre 5 biens 1 406 551 € Columbus, GA

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