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3859 Washington Road

Augusta, GA 30907
  • $923,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 473373
UPDATED: 52 min ago
$923,000
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,036
    SQFT
  • $304
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Absolute NNN lease investment - no Landlord responsibilities. Tenant has 9 years remaining on lease and invested approximately $215K in location upfits and additions demonstrating commitment to the site. Perfect for the smaller investor at a 6.5 cap. Tenant has 40 locations in 6 states, no long term debt. This center is in the top 5 producing sites in their network. Corporate guarantee.

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IDX information © 2021 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Ashley Surrency | Meybohm Real Estate. Data last updated 2021-10-17T10:55:23.407.
www.ashleysurrency.com/homes/119856967
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3859 Washington Road Augusta, GA 30907

  • Price: $923,000
  • Status: Active
  • Updated: 52 min ago
  • MLS #: 473373
0
Beds
0
Baths
0
½ Baths
0.81
Acres
3,036
SQFT
$304
$/SQFT
1977
Built
Neighborhood:
None-1Co
County:
Columbia
Area:
Augusta
Property Description
Absolute NNN lease investment - no Landlord responsibilities. Tenant has 9 years remaining on lease and invested approximately $215K in location upfits and additions demonstrating commitment to the site. Perfect for the smaller investor at a 6.5 cap. Tenant has 40 locations in 6 states, no long term debt. This center is in the top 5 producing sites in their network. Corporate guarantee.
Exterior Features

Land Description Level Land Options Leased Land Use Other-See Remarks Lot Size 100 X 315 Parking Description Lighted Parking Spaces 25.00 Possible Land Use Retail Road Access County Road Frontage 103 Road Surface PavedAsphalt Roof Description Asphalt Topography Level

Interior Features

Retail Sq Ft 3036

Property Features

Average Depth 315 Avg Daily Traffic 35000 Building Type Free Standing Cash Flow 60000 Current Building Use Retail Development Status Finished Electric 220 Volts Full Service No Improvements Sidewalk Information Available AerialPlatProfit/Loss StatementTrafficPhase 1 Environmental AuditLeasesPro-Forms StatementEnvironmental StudiesLegal Listing Conditions Not Applicable Net Income 60000.00 Offering Sale-LeaseSale Possession At Close Possible Building Use AutoRetail Property Type Commercial Business Restrictions Other-See Remarks Sale Or Lease Included Subject To Lease Sewer Public Sewer Tenancy M Utilities Underground Utilities

Listing courtesy of Emory Williamson Company.


IDX information © 2021 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Ashley Surrency | Meybohm Real Estate. Data last updated 2021-10-17T10:55:23.407.
 
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