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1005 Broad St 15,127 SF 48% Leased Office Building Augusta, GA 30901 $3,513,250 CAD ($232.25 CAD/SF)

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Executive Summary

ALSO AVAILABLE FOR LEASE. 1005 Broad Street is an outstanding value-add investment opportunity where investors can acquire the ideal combination of current rental income and significant potential for growth. The building spans over 15,000 square feet across three floors, with an occupancy rate of 73% and prestigious anchor tenants, SRP Federal Credit Union and Benesch. Containing approximately 1,000 square feet of available space on the first floor and an additional 3,000 square feet of raw space on the third floor, astute investors can capitalize on the opportunity to develop and lease these areas at competitive market rates. 1005 Broad Street is located amidst an abundance of shopping and dining options and also offers the advantage of dedicated on-site surface parking, a valuable asset in downtown Augusta. Whether you're an investor looking for exceptional returns or an end-user seeking a prime location, this unique property presents an excellent chance to thrive and own a piece of downtown Augusta.

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Office/Residential

Building Size

15,127 SF

Building Class

Year Built/Renovated

1912/2007

Price

$3,513,250 CAD

Price Per SF

$232.25 CAD

Percent Leased

48%

Tenancy

Multiple

Building Height

3 Stories

Typical Floor Size

6,063 SF

Building FAR

1.39

Lot Size

0.25 AC

Opportunity Zone

Yes

Zoning

C-3

Parking

15 Spaces (0.99 Spaces per 1,000 SF Leased)

24 Hour Access
Conferencing Facility

Partitioned Offices
Reception

Drop Ceiling

Air Conditioning

Professional, Scientific, and Technical Services
-
$9.99
Jan 0000

Benesch began in 1946 as a structural engineering firm and has developed into a multidisciplinary professional services company. Benesch provides planning, engineering, design, transportation, transit, aviation, construction management, surveying, landscape architecture, and scientific services for infrastructure and community projects. Benesch focuses on creating spaces, providing connections, and improving mobility, sustainability, and safety through work that supports communities and infrastructure across the country.