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Investment Highlights

  • Fully leased to a quality corporate tenant with stable income
  • Strong demographics with over 149,000 residents within 5 miles
  • Located in Augusta’s high-income West Walton Way corridor
  • Zoned P-1 for professional office use, built in 1992

Executive Summary

Positioned in the heart of Augusta’s professional corridor, 2945 Walton Way presents a rare opportunity to acquire a fully leased office investment with enduring appeal. This 4,984 SF building, constructed in 1992, is zoned P-1 and features a quality corporate tenant in place, offering immediate income and long-term stability. The property’s strategic location ensures excellent visibility and accessibility, with proximity to major thoroughfares and a strong surrounding demographic profile.
The area within a one-mile radius boasts an average household income of $129,489 and a population of nearly 7,000, while the five-mile radius expands to over 149,000 residents. This affluent and growing community supports a robust demand for professional services, making the asset well-positioned for sustained performance. The building itself is well-maintained and structurally sound, ideal for investors seeking a turnkey acquisition in a thriving market.
With a cap rate of 7.48% and net operating income of $66,917, this offering combines financial strength with locational advantage. Whether expanding a portfolio or entering the Augusta market, this property delivers on both stability and upside potential. Link to interactive property site 2945waltonway.com
interactive investment micro tool

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $107,512 $21.57
Other Income - -
Vacancy Loss - -
Effective Gross Income $107,512 $21.57
Taxes $7,444 $1.49
Operating Expenses $6,939 $1.39
Total Expenses $14,383 $2.89
Net Operating Income $93,128 $18.69

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $107,512
Annual Per SF $21.57
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $107,512
Annual Per SF $21.57
Taxes (CAD)
Annual $7,444
Annual Per SF $1.49
Operating Expenses (CAD)
Annual $6,939
Annual Per SF $1.39
Total Expenses (CAD)
Annual $14,383
Annual Per SF $2.89
Net Operating Income (CAD)
Annual $93,128
Annual Per SF $18.69

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,984 SF
Building Class
B
Year Built
1992
Price
$1,245,572 CAD
Price Per SF
$249.91 CAD
Cap Rate
7.48%
NOI
$93,128 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,492 SF
Building FAR
0.21
Lot Size
0.54 AC
Zoning
P-1 - Physicians, health care, insurance, lawyers, engineers, architects, and similar professional uses.
Parking
22 Spaces (4.41 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Wheelchair Accessible
  • Storage Space

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Affinis Hospice
  • Health Care and Social Assistance
  • -
  • $21.57 CAD
  • Modified Gross
  • Sep 2028
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Affinis Hospice Health Care and Social Assistance - $21.57 CAD Modified Gross Sep 2028
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
0334001030
Land Assessment
$38,972 CAD (2025)
Improvements Assessment
$181,120 CAD (2025)
Total Assessment
$220,092 CAD (2025)
Annual Taxes
$7,444 CAD ($1.49 CAD/SF)
Tax Year
2024
  • Listing ID: 35266928

  • Date on Market: 2025-03-26

  • Last Updated:

  • Address: 2945 Walton Way Ext, Augusta, GA 30909

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