Supermarket El Paraiso 3
Supermarket | Columbus, GA | 1.05-Acre Corner Lot | Adjacent to McDonald’s & CVS
Marketing description
This ±9,900 SF single-tenant retail property was constructed in 1996 and is situated on a ±1.05-acre corner parcel in Southeast Columbus, Georgia. The property is fully occupied by Supermarket Paraiso 3, a well-established grocery operator serving the surrounding community.
The site features excellent visibility, ample parking, and multiple points of access, making it well-suited for high-traffic retail use. Its strategic location along S Lumpkin Road places the property within a strong commercial corridor supported by national retailers including McDonald’s and CVS. Surrounded by stable residential neighborhoods and benefiting from steady population and household income growth, the property represents an opportunity to acquire a well-located, single-tenant net-lease asset with built-in rental stability and long-term income durability in an established Columbus submarket.
Investment highlights
- Single-tenant investment occupied by Supermarket El Paraiso 3
- ±9,900 SF freestanding building situated on a ±1.05-acre corner lot with excess surface parking
- Supermarket Paraiso 3 recently signed a new lease through 03/31/2029, with a three-year renewal option extending through 03/31/2032
- Beginning January 1, 2027, Supermarket Paraiso 3 will begin reimbursing its pro rata share of property taxes and insurance, providing future expense recovery upside
- Highly visible corner location with multiple points of ingress and egress
- Immediate adjacency to McDonald’s and CVS, reinforcing the strength of the surrounding retail corridor
- Located along S Lumpkin Road, a primary commercial corridor in Southeast Columbus with strong visibility and access, and traffic counts exceeding 10,200 VPD
- Positioned within an established residential trade area serving Southeast Columbus neighborhoods
- Population, households, and household incomes within the trade area are projected to grow steadily over the next five years, supporting long-term tenant demand
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