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Investment Highlights

  • 3615 Manchester Expressway offers a 22.28-acre redevelopment opportunity with a recently vacated 100,000-square-foot dealership for value-add.
  • General Commercial (GC) zoning allows a broad range of uses, including healthcare, entertainment, fitness, retail, dining, office, day care, and more.
  • Located for long-term value, adjacent to Peachtree Mall, 1 mile to I-185, and within five to 15 minutes of Columbus State, downtown, and Fort Benning.
  • Showcasing potential revenue, the former Chevrolet dealership paid $64,000 in monthly rent, plus there are two month-to-month leases in place.
  • Excess acreage supports subdivision into multiple commercial pad sites to pursue multi-tenant strategies, outparcel sales, and phased development.
  • Create a new destination for this dense 5-mile trade area, comprising over 155,000 residents who generate $1.6 billion in annual spending.

Executive Summary

The offering at 3615 Manchester Expressway presents a rare large-scale redevelopment and value-add opportunity positioned along one of Columbus’ most visited commercial hubs.

Encompassing 22.28 acres with significant excess land, the property offers investors and developers the flexibility to reposition the existing improvements, pursue phased redevelopment, or subdivide the site into multiple pad-ready opportunities. The combination of substantial land area, existing income, and broad General Commercial zoning creates multiple pathways to generate value while responding to evolving market demand.

3615 Manchester Expressway is anchored by an approximately 100,000-square-foot former Chevrolet dealership that was vacated in June 2026. Previously generating $64,000 in monthly rent, the facility includes a high-quality showroom, customer consultation areas, office space, auto service bays, dock-high and drive-in loading capabilities, and prominent on-site signage. While two month-to-month tenants currently provide interim cash flow, the true appeal lies in the property's adaptability and redevelopment potential. GC zoning permits a wide range of uses including healthcare, entertainment, hospitality-related concepts, fitness, retail, office, restaurants, microbreweries, equipment sales, and other mixed-use opportunities.

The location provides exceptional visibility and access within a dense trade area supported by major employment, institutional, and retail drivers. More than 20,000 vehicles travel Manchester Expressway daily, while Interstate 185, carrying over 40,000 vehicles per day, is located 1 mile away. The site is adjacent to Peachtree Mall, which attracts 3.4 million visitors annually, and directly borders Columbus Airport, serving roughly 8 million annual passengers. Additional nearby demand generators include St. Francis Hospital, Columbus State University, and Fort Benning, the city’s largest employer, creating a diverse mix of consumer, workforce, healthcare, education, and military-related activity throughout the surrounding market.

The convergence of a large redevelopment footprint, flexible zoning, existing improvements, and exceptional access to Columbus’ primary economic drivers positions this property as a compelling opportunity for investors and developers seeking scale, optionality, and long-term value creation.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tours

3615 Manchester Expy

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Attachments

3615 Manchester Expy
3615 Manchester Expy

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Columbus - GA USA

Market Cap Rate

Columbus - GA USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
100,000 SF
Building Class
C
Year Built
1975
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
22.28 AC
Parcel Number
069-008-003
Zoning
GC - Commercial
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
5,367
61,510
155,425
2020 Population
6,547
68,501
168,913
2030 Population
5,046
59,353
151,094
2025-2030 Projected Population Growth
-6.0%
-3.5%
-2.8%
Daytime Employees
3,666
42,239
95,017
Total Businesses
340
4,182
9,238
Average Household Income
$63,068
$73,498
$72,740
Median Household Income
$47,500
$51,145
$50,850
Total Consumer Spending
$53.2M
$635.1M
$1.6B
Median Age
33.5
37.8
37.8
2025 Households
2,318
25,344
65,023
Percent College Degree or Above
18%
15%
15%
Average Home Value
$220,968
$218,574
$242,029
$ values in USD

Nearby Major Retailers

Truist
Cook Out
Ruby Tuesday
Sarku Japan
Synovus Bank
Applebee's
Sky Zone
CircusTrix
Crunch Fitness
CrossFit

Sale Advisors

Sale Advisors

Daniel Duque, Senior Associate
Daniel Duque is an Associate in CBRE’s Atlanta Retail Services Group. Daniel is responsible for marketing and leasing a wide variety of new and existing retail and mixed-use developments in metro Atlanta and across Georgia.

Prior to joining CBRE, Daniel was an associate with Florida-based real estate firm Millenia Partners where he was responsible for leasing strip centers, street retail and anchored shopping centers spanning the Orlando MSA.

Daniel received a bachelor’s degree in Finance and Management Information Systems from Florida State University in 2017. As a student, he attained the coveted position as a management consultant for the Florida State University Consulting Group. Daniel wrote his thesis on the 2008 financial crisis and how it continues to affect the student debt crisis.

Daniel is currently active with the FSU Alumni Association and enjoys being a resource for college students and budding CRE professionals.
Raquel Hwang, Associate
Raquel Hwang is an Associate in CBRE's Atlanta Retail Services Group, specializing in Landlord Representation for both local and institutional owners, with a primary focus on anchor and power centers. Her past experience spans a diverse range of asset types, including mixed-use, lifestyle, and urban developments. Raquel's expertise further extends to new development projects and the acquisition and disposition of freestanding buildings, outparcels, and land.

Before joining CBRE, Raquel spent two years as a leasing agent for Saglo Companies' Atlanta portfolio, where she focused on leasing Class B and C value-add shopping centers. She quickly made her mark by achieving 100% occupancy for the entire portfolio within her first 16 months.

Originally from Santo Domingo, Dominican Republic, Raquel was a national champion junior tennis player who represented her country in various prestigious international tournaments as part of the National Tennis Team. She holds a Bachelor's degree in Communications from the University of North Florida, where she attended on a four-year tennis scholarship. She later earned a Master's degree in International Real Estate from FIU, gaining extensive knowledge in property valuation, investment analysis, and corporate asset management. Before transitioning to commercial real estate, Raquel was a residential real estate agent and a member of the Florida REALTOR association.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Marlo Lashley
Auctioneer License: Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
  • Listing ID: 31939349

  • Date on Market: 2026-09-04

  • Last Updated:

  • Address: 3615 Manchester Expy, Columbus, GA 31909

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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