Columbus Commercial Real Estate Market
Columbus' commercial real estate market rests on a military foundation that few cities can match. Fort Moore processes over 120,000 soldiers annually through basic training, infantry school, and armor school, creating a transient population that generates consistent demand for retail, dining, hospitality, and personal services. The military's $7 billion+ annual economic impact flows through Victory Drive, the South Lumpkin Road corridor, and the broader Muscogee County economy. This demand is funded by the Department of Defense budget — making it recession-resistant and politically durable given Fort Moore's irreplaceable training mission.
Columbus has something most military towns do not: Fortune 500 corporate headquarters. Aflac, Global Payments (TSYS), and Synovus Financial maintain their global headquarters here, providing white-collar employment and corporate office demand that diversifies the economy beyond military dependence. The Uptown Columbus district along the Chattahoochee River whitewater course has undergone significant revitalization, attracting restaurants, entertainment venues, and residential development that is changing the city's commercial identity. Columbus State University adds 7,000+ students and institutional demand. St. Francis-Emory Healthcare and Piedmont Columbus Regional anchor the medical sector.
Columbus' cap rates are among the highest in Georgia's major markets, offering investors strong yields backed by the dual stability of military spending and corporate headquarters employment. The buyer pool includes military-market investors who understand base-adjacent dynamics, corporate real estate users connected to Aflac or Global Payments, and yield-focused investors attracted by the combination of strong returns and institutional demand stability. For sellers, Columbus requires positioning that communicates both the military demand foundation and the corporate diversification that distinguishes it from purely military-dependent markets.
Top Property Types in Columbus
Retail & Service
Fort Moore's 120,000+ annual soldier throughput generates massive demand for retail, restaurant, and service properties along Victory Drive, South Lumpkin Road, and the base-adjacent corridors. Military families need grocery, dining, automotive services, fitness, and personal care — creating a customer base with stable incomes and predictable spending patterns that renew with each training cycle. Properties with national tenant credit achieve the tightest cap rates in the military retail market. The Peachtree Mall area serves both military families and the civilian population with regional retail.
Office & Fintech
Aflac, Global Payments, and Synovus maintain their global headquarters in Columbus, creating corporate office demand that most military towns lack entirely. The Uptown district, the Aflac campus area, and the Wynnton Road professional corridor concentrate corporate and professional office tenants. The Uptown revitalization — anchored by whitewater rafting, restaurants, and residential conversion — is creating new demand for creative and professional office space in a walkable riverfront setting. This corporate headquarters presence provides office demand diversification beyond the military base.
Industrial & Warehouse
St. Francis-Emory Healthcare and Piedmont Columbus Regional operate major hospital campuses generating medical office demand throughout the metro. The Center medical corridor and the Warm Springs Road area concentrate physician practices and specialty clinics. Military retirees who remain in the Columbus area add healthcare utilization above working-age demographics, while active-duty family members use civilian healthcare for certain services. Multi-tenant medical buildings near hospital campuses achieve the tightest cap rates in the Columbus market.
Thinking About Selling Your Columbus Commercial Property?
Get a confidential, no-obligation valuation. Understand what your property is worth in today's market before you commit to anything.
Schedule Your Free ConsultationColumbus Cap Rate Ranges
Cap rates reflect military dependence and smaller market, offering strong yields.
Why Columbus Property Owners Work With John Salony
Dual Expertise
Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.
No Wasted Time
Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.
Confidential Process
Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.
Success-Based Fee
You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.
Selling Commercial Property in Columbus

Connect with Me
100% Confidential