Dollar General and Verizon Strip Center

3207-3209 MARTIN LUTHER KING JR PKWY S, Phenix City, AL 36869

  • For Sale $1,100,000
  • Property Type Retail - Strip
  • Property Size 13,000 SF
  • Units 3
  • Lot Size 2 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Oct 2, 2024
The property is situated within the Columbus, Georgia MSA, home to around 328,800 residents and supported by a diverse economy anchored by major employers such as Fort Benning, TSYS, Aflac, and Kia Motors Manufacturing Georgia. Over the past twenty years, the immediate 1-mile radius has witnessed an impressive 50% increase in population, showcasing the area's growth and future development potential. Additionally, the property offers excellent visibility and convenient access along Hwy 431, with a high daily vehicle count exceeding 31,000.Dollar General has been a tenant at the property for more than two decades with a rent increase in 2025 their current lease expires in 2030, while Verizon has been in place since 2014, having exercised their final option in 2023. Additionally, with both buildings situated on the same parcel, new ownership can subdivide the parcel to increase security or reduce the cost basis.

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Attachments

Highlights

  • Fully occupied
  • Established, long-term tenant presence
  • Great visibility and accessibility on high traffic Hwy 431
  • Strategic location in Phenix City, AL

Contacts

broker

Walter Kelley

ACRE Real Estate Partners

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Bike Score ®

    12/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Phenix City, AL
  • Zip Code 36869
  • Market Columbus GA

Points of Interest

  • Castle Fuels

    0.75 miles

  • Crown

    1.60 miles

  • Marathon

    2.30 miles

  • Waffle House

    0.39 miles

  • Subway

    1.60 miles

  • Royal Waffle King Cafe

    2.04 miles

  • Burger King

    2.83 miles

  • Hog Rock BBQ

    2.93 miles

  • Applebee's

    3.67 miles

  • Taco Bell

    3.70 miles

  • China Garden

    3.70 miles

  • Wendy's

    4.46 miles

  • McDonald's

    4.84 miles

  • Walmart Neighborhood Market

    4.15 miles

  • Aldi

    4.77 miles

  • Walmart Supercenter

    5.08 miles

  • Phenix Crossing

    6.40 miles

  • Publix

    6.43 miles

Frequently Asked Questions

How much does Dollar General and Verizon Strip Center cost?

The space currently listed for sale at Dollar General and Verizon Strip Center asks for $1,100,000.

What is the total square footage of Dollar General and Verizon Strip Center?

Dollar General and Verizon Strip Center totals 13,000 square feet.

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Contact Listing Broker

broker

Walter Kelley

ACRE Real Estate Partners