$2,480,000
For Sale

1808 Manchester Expressway

Columbus, GA 31904
Browse 26 photos
Type:Purchase
Structure:Retail
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionLevel
    • Measurements
      • Acres1.14
    • Parking
      • Parking Spaces75
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2010
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Util
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWasabi Japanese Steakhouse
    • Location
      • CountyMuscogee
  • Financial Details
      • Taxes Annual$19,536
      • Buying Agency Compensation1
  • Other
      • MLS #10063514

Location

Clint Adamson and Heather AdamsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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