3064 Washington Rd - Fast Food FOR SALE


Augusta, GA 30907- Montclair
$3,276,000 USD
602-682-8175
3064 Washington Rd, Augusta, GA for Sale
$3,276,000 USD
Fast Food - FOR SALE
1/4
null | 5.25% Cap Rate

3064 Washington Rd
Augusta, GA 30907
Montclair


HIGHLIGHTS

  • New Dutch Bros Drive-Thru Building
  • 15-Year Corporate Net Lease
  • Augusta National Golf Club Nearby
  • Immediate I-20 Access and Strong Traffic Exposure
  • Established Retail and Hospitality Corridor
  • Strong Trade Area Demographics

OVERVIEW

Velocity Retail Group is pleased to offer this Dutch Bros Coffee (NYSE:BROS) Net Leased Investment, located at 3064 Washington Road, Augusta, GA 30907. The property includes a new 986 SF single tenant drive-thru building on a +/- 0.78-acre improved street frontage parcel. There are minimal landlord responsibilities in the Dutch Bros corporate lease. This offering presents an excellent opportunity for an investor to acquire a passive income-producing commercial property with a high-growth, industry-leading corporate tenant that has mastered the drive-thru business model of serving coffee and assorted energy drinks to on-the-go customers. Highlights: New Dutch Bros Drive-Thru Building: Newly constructed 986 SF Dutch Bros building on a +/- 0.78-acre frontage parcel, designed for high-volume drive-thru beverage service. 15-Year Corporate Net Lease: New 15-year primary corporate lease with minimal landlord responsibilities, 10% rent increases every five years, and three five-year renewal options, providing long-term income growth. Augusta National Golf Club Nearby: Located less than 1.5 miles from Augusta National Golf Club, with Washington Road serving as the primary commercial arterial leading to the world-renowned home of the Masters Tournament. Immediate I-20 Access and Strong Traffic Exposure: The property fronts Washington Road (25,997 CPD) and is less than one-half mile from Interstate 20 (86,921 CPD), providing excellent regional access, visibility, and daily traffic exposure. Established Retail and Hospitality Corridor: Chick-fil-A and Burger King are adjacent to the Property, Mercedes-Benz of Augusta is across the street, and Sheraton, Hilton, Courtyard by Marriott, Kroger, Publix, and the Village at Riverwatch are nearby. Strong Trade Area Demographics: 56,098 residents, $119,819 average household income, 3,808 businesses and 28,458 employees within three miles of the property. Augusta MSA has a population of over 600,000.

FOR SALE DETAILS

PRICE

$3,276,000 USD

PRICE/SF

$3,323 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

3064 Washington Road - Dutch Bros Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

0110176000

ASK ABOUT THIS PROPERTY

Eli CastronovaVelocity Retail GroupMore Info
602-682-8175

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Eli CastronovaVelocity Retail GroupMore Info
602-682-8175

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