1808 Manchester EXPY Active

Columbus,GA 31904

$ 2480000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Wasabi Japanese Steakhouse

MLS Listing ID 10063514

Construction Status Updated/Remodeled

Year Built 2010

Annual Tax Amount $19,536

Tax Year 2019

Lot Size 1.140 Acres

Property Description

Wasabi Japanese Steakhouse-Absolute NNN Lease Sales Price $2,728,000 based on income stream from lease and Billboard signage income. New 10 year Absolute NNN Investment - Freestanding Building. Wasabi Japanese Steakhouse opened April 2022. Zero Landlord responsibilities. The building is right up on the road with great visibility and plenty of parking. Two access points. Absolute NNN rent with bumps in the rent every 5 years, including the 2 extension periods. 1808 Manchester Expressway property is one block west of St. Frances-Emory Hospital and Medical Center, one mile north of Columbus Country Club, two miles north of Columbus High School (rank#2 in Georgia), one parcel east of a brand new freestanding Starbucks w/drive-thru and 1/2 mile west of a brand new Chick-fil-a with dual drive-thru. A Japanese Steakhouse has been in this location since the 1980's, current building was built in 2010 and was completely renovated by Tenant, Fall 21/Winter 22. Traffic Counts 50,300 AADT Manchester Expressway, 72,200 AADT Interstate 185.

Location

State GA

County Muscogee

Zoning NC - Neighborhood Commercial

Interior

Heating Central,Zoned

Cooling Central Air,Electric,Zoned

Flooring Concrete,Tile

Exterior

Garage Parking Lot,Paved

Garage Spaces 75.0

Fence Fenced,Partial,Wood

Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available

Building

Sewer Public Sewer

Construction Status Updated/Remodeled

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