1243 Augusta West Pky - Medical FOR SALE


Augusta, GA 30909- Belair
$4,295,000 USD
619-489-9004
1243 Augusta West Pky, Augusta, GA for Sale
$4,295,000 USD
Medical - FOR SALE
1/4
null | 6.29% Cap Rate

1243 Augusta West Pky
Augusta, GA 30909
Belair


HIGHLIGHTS

  • 10 Years Remaining | Annual Rental Increases | Options to Extend | Guaranteed by MB2 Dental
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Along Augusta W Pkwy | Interstate 520 & 20 | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• The tenant currently has 10 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation • The property is guaranteed by MB2 Dental

FOR SALE DETAILS

PRICE

$4,295,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

6.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Center for Pediatric Dentistry

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

3.63 AC

LAND SF

158,123 SF

ZONING

GC

APN/PARCEL ID

031-3-150-00-0,031-3-151-00-0

ASK ABOUT THIS PROPERTY

Chad LieberSRS Real Estate PartnersMore Info
619-489-9004

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Chad LieberSRS Real Estate PartnersMore Info
619-489-9004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.