Log In/Sign Up
Your email has been sent.
Supermarket Paraiso 3 1554 S Lumpkin Rd 9,900 SF Retail Building Columbus, GA 31903 $1,415,617 CAD ($142.99 CAD/SF) 5.87% Cap Rate
Investment Highlights
- Single-tenant investment occupied by Supermarket Paraiso 3
- Supermarket Paraiso 3 recently signed a new lease through 12/31/2026, with a three-year renewal option extending through 12/31/2029
- Immediate adjacency to McDonald’s and CVS, reinforcing the strength of the surrounding retail corridor
- ±9,900 SF freestanding building situated on a ±1.05-acre corner lot with excess surface parking
- Highly visible corner location with multiple points of ingress and egress
- Located along S Lumpkin Road, a primary commercial corridor in Southeast Columbus with strong visibility and access with 10,200+ VPD
Executive Summary
This ±9,900 SF single-tenant retail property was constructed in 1996 and is situated on a ±1.05-acre corner parcel in Southeast Columbus, Georgia. The property is fully occupied by Supermarket Paraiso 3, a well-established grocery operator serving the surrounding community.
The site features excellent visibility, ample parking, and multiple points of access, making it well-suited for high-traffic retail use. Its strategic location along S Lumpkin Road places the property within a strong commercial corridor supported by national retailers including McDonald’s and CVS. Surrounded by stable residential neighborhoods and benefiting from steady population and household income growth, the property represents an opportunity to acquire a well-located, single-tenant net-lease asset with built-in rental stability and long-term income durability in an established Columbus submarket.
The site features excellent visibility, ample parking, and multiple points of access, making it well-suited for high-traffic retail use. Its strategic location along S Lumpkin Road places the property within a strong commercial corridor supported by national retailers including McDonald’s and CVS. Surrounded by stable residential neighborhoods and benefiting from steady population and household income growth, the property represents an opportunity to acquire a well-located, single-tenant net-lease asset with built-in rental stability and long-term income durability in an established Columbus submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,900 SF
Building Class
C
Year Built
1996
Price
$1,415,617 CAD
Price Per SF
$142.99 CAD
Cap Rate
5.87%
NOI
$83,034 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial Zoning District
Frontage
130’ on S Lumpkin Rd
Amenities
- Corner Lot
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 063-015-008 | Improvements Assessment | $233,661 CAD |
| Land Assessment | $119,533 CAD | Total Assessment | $353,194 CAD |
Property Taxes
Parcel Number
063-015-008
Land Assessment
$119,533 CAD
Improvements Assessment
$233,661 CAD
Total Assessment
$353,194 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Supermarket Paraiso 3 | 1554 S Lumpkin Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.