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Foundation Point Church 1713 E 280 Byp 6,000 SF 80% Leased Retail Building Phenix City, AL 36867 $1,323,184 CAD ($220.53 CAD/SF) 5.02% Cap Rate
Investment Highlights
- ±6,000 SF freestanding building on ±0.66 acres + adjacent ±0.68-acre MTM income parcel
- ±1,200 SF of additional space currently vacant, providing near-term leasing or expansion upside
- Positioned along the US-280 Bypass, a major regional corridor connecting Phenix City and Columbus, GA
- Currently occupied by Foundation Point Church, utilizing approximately 4,800 SF
- Existing building configuration allows for multi-tenant occupancy or future reconfiguration
- Excellent visibility and access along a high-traffic thoroughfare serving the greater Columbus–Phenix City MSA
Executive Summary
1713 East 280 Bypass in Phenix City consists of two adjacent parcels totaling approximately ±1.34 acres, including a ±6,000 square foot freestanding building situated on an approximately ±0.66-acre parcel currently occupied by Foundation Point Church. The adjacent ±0.68-acre parcel is leased on a month-to-month basis to a neighboring business for outdoor display and storage of portable storage buildings, generating additional ancillary income.
The property is strategically positioned along the US-280 Bypass, a primary regional corridor connecting Phenix City to Columbus, Georgia and surrounding communities. Phenix City is part of the Columbus, Georgia–Alabama metropolitan area and benefits from proximity to Fort Benning, regional employment centers, and established residential neighborhoods. Supported by favorable demographic trends and strong corridor visibility, the property presents an opportunity to acquire a well located assembly-use asset with near-term income upside and long-term demand drivers.
The property is strategically positioned along the US-280 Bypass, a primary regional corridor connecting Phenix City to Columbus, Georgia and surrounding communities. Phenix City is part of the Columbus, Georgia–Alabama metropolitan area and benefits from proximity to Fort Benning, regional employment centers, and established residential neighborhoods. Supported by favorable demographic trends and strong corridor visibility, the property presents an opportunity to acquire a well located assembly-use asset with near-term income upside and long-term demand drivers.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,000 SF
Building Class
C
Year Built
1997
Price
$1,323,184 CAD
Price Per SF
$220.53 CAD
Cap Rate
5.02%
NOI
$66,463 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.34 AC
Zoning
C-4 - Highway Commercial
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-05-15-03-002-003.000 | Improvements Assessment | $120,954 CAD |
| Land Assessment | $26,379 CAD | Total Assessment | $147,333 CAD |
Property Taxes
Parcel Number
05-05-15-03-002-003.000
Land Assessment
$26,379 CAD
Improvements Assessment
$120,954 CAD
Total Assessment
$147,333 CAD
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Foundation Point Church | 1713 E 280 Byp
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