3125 Peach Orchard Rd - Restaurant FOR SALE


Augusta, GA 30906- Richmond Hill
$3,402,000 USD
404-934-5558
3125 Peach Orchard Rd, Augusta, GA for Sale
$3,402,000 USD
Restaurant - FOR SALE
1/6
null | 4.85% Cap Rate

3125 Peach Orchard Rd
Augusta, GA 30906
Richmond Hill


HIGHLIGHTS

  • 15-year absolute NNN ground lease with 10% rent bumps every 5 years
  • Low cost basis with oversized 1.51-acre parcel and retrofit of 5,300+ SF building
  • Direct access along Peach Orchard Rd (28,000 VPD) with additional access to a signalized intersection
  • Adjacent to new Aldi and surrounded by Lowe's, Food Lion, Planet Fitness, Chick-fil-A, Harbor Freight and more
  • Proximity to Downtown Augusta, Fort Eisenhower (30,000+ employees) and Augusta Technical (4,100+ students)
  • Investment grade credit rating | $800+ billion market cap

OVERVIEW

Located on Peach Orchard Road, this dense retail corridor sees over 28,000+ VPD with heavy traffic feeding north directly off of Interstate 520 (65,000+ VPD). According to Placer.ai, many prominent retail vendors see top store visits within the surrounding area, with tenants like Lowe’s (Top 4%), Walgreens (Top 5%), Chick-Fil-A (Top 11%), and McDonald’s (Top 27%) having great success. The city of Augusta is home to nationally recognized destinations like Augusta National Golf Club, home of “The Masters”, which attracts 40,000+ annual visitors and has between 12M - 19M televised viewers. Residents continue to grow and see employment stability in industries such as manufacturing (8,000+ jobs), health care (13,000+ jobs), military (30,000+ jobs), and state and federal (13,000+ jobs). The city offers a plethora of activities for locals and tourists, including a multitude of outdoor attractions in and around Downtown Augusta. The strategic position of Augusta allows its 205,000+ residents to move fluidly across major cities throughout the southeast, with Atlanta, GA and Columbia, SC being only 2.5 hours and 1.5 hours away respectively.

FOR SALE DETAILS

PRICE

$3,402,000 USD

PRICE/SF

$639 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank Ground Lease | Augusta, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

-

APN/PARCEL ID

1103053000

ASK ABOUT THIS PROPERTY

404-934-5558

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

404-934-5558

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