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Listed by Wesley Lewis • Wesley Lewis SP
$ 2,480,000
Est. payment /mo
Active
1808 Manchester EXPY Columbus, GA 31904
1.14 Acres Lot
UPDATED:
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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