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Tires Plus | Augusta, GA 2601 Tobacco Rd 3,760 SF Retail Building Hephzibah, GA 30815 $772,848 CAD ($205.54 CAD/SF) 7% Cap Rate
Investment Highlights
- Lease is corporately backed by Bridgestone Retail Operations, LLC, the global leader in tire & auto services & holds investment-grade credit (S&P: A)
- Bite sized rent and price point at $39,815 - offers a rare blend of affordability, lease term and credit, not often found in the market
- Located within the Augusta MSA, the Property benefits from a diverse economic base with strong employment, retail, and entertainment offerings Augusta
- Tires Plus has operated at this location since 2001 and recently exercised its renewal option, extending the lease through October 31, 2031
- Located approx. 5 minutes from Fort Eisenhower, a major U.S. Army installation that supports a substantial population and a reliable source of demand
- Property benefits from excellent visibility along Tobacco Rd (18,700 VPD) and intersects with Route 1 (35,900 VPD) to the west
Executive Summary
This Tires Plus site is located in Augusta, Georgia and benefits from excellent visibility along Tobacco Road (18,700 VPD) and intersects with Route 1 (35,900 VPD) to the west and Windsor Spring Road (29,100 VPD) to the east, two primary thoroughfares connecting the site to the greater Augusta area. This location provides convenient connectivity to major employment centers, retail corridors, and the regional roadway network.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,760 SF
Building Class
C
Year Built
1987
Price
$772,848 CAD
Price Per SF
$205.54 CAD
Cap Rate
7%
NOI
$54,099 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.65 AC
Zoning
B-2 - Business District
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1410001030 | Improvements Assessment | $43,252 CAD |
| Land Assessment | $29,765 CAD | Total Assessment | $73,018 CAD |
Property Taxes
Parcel Number
1410001030
Land Assessment
$29,765 CAD
Improvements Assessment
$43,252 CAD
Total Assessment
$73,018 CAD
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Tires Plus | Augusta, GA | 2601 Tobacco Rd
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