Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1025 Patriots Way 9,910 SF Retail Building Augusta, GA 30907 $2,232,320 CAD ($225.26 CAD/SF) 8% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Immediate Lease Back Option for the First Two Years.

EXECUTIVE SUMMARY

*LEASE BACK* Douglas Lane Real Estate Group is thrilled to present an exceptional investment or owner-user opportunity in Augusta, GA. This prime property offers nearly 10,000 square feet of versatile space suitable for a variety of business types. Situated directly across from Mercedes-Benz of Augusta, the location is surrounded by bustling retail, dining, hospitality, and office establishments, enhancing its appeal and accessibility.
Located at 1025 Patriots Way, this property is just 200 yards from Washington Road and a half-mile from Interstate 20, ensuring convenient access and visibility. With the renowned Masters Tournament held only 2 miles away, the area attracts significant visitor traffic, creating even greater business potential. Washington Road boasts a daily traffic count exceeding 30,000, making this a top destination for commerce in Augusta.
The current owner seeks a lease-back arrangement for one year post-closing, presenting an advantageous setup for buyers.
For more information, please don’t hesitate to reach out.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,910 SF
Building Class
C
Year Built
1990
Price
$2,232,320 CAD
Price Per SF
$225.26 CAD
Cap Rate
8%
NOI
$178,586 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.56 AC
Zoning
B-2 - Retail Trade
Parking
20 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
279’ on Patriots Way

AMENITIES

  • Pylon Sign

NEARBY MAJOR RETAILERS

Dream Dinners
Applebee's
Krystal
Waffle House
Freddy's Frozen Custard & Steakburgers
Starbucks
7 Brew Coffee
Caribou Coffee
SouthState Bank
LongHorn Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0110075030
Land Assessment
$82,551 CAD
Improvements Assessment
$188,999 CAD
Total Assessment
$271,550 CAD
  • Listing ID: 33845928

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 1025 Patriots Way, Augusta, GA 30907

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}