3128 Deans Bridge Rd - Storefront FOR SALE


Augusta, GA 30906- Richmond Hill
$9,600,000 USD
706-854-6731
3128 Deans Bridge Rd, Augusta, GA for Sale
$9,600,000 USD
Storefront - FOR SALE
1/8
null | 8.44% Cap Rate

3128 Deans Bridge Rd
Augusta, GA 30906
Richmond Hill


HIGHLIGHTS

  • Top 5% performer in the portfolio of technical colleges operated by Lindenwood Education System
  • Located on one of the primary commercial corridors in the Augusta, GA market
  • Brand New TPO Roofs installed across the entire center in 2025 with 20yr warranties

OVERVIEW

• Miller-Motte College anchored shopping center • Miller-Motte College recently extended their term for 12 years through 2038 • Top 5% performer in the portfolio of technical colleges operated by Lindenwood Education System • Lindenwood Education System guarantees the lease, $447mm in annual revenue • Multi-Unit college operator, 29 campuses across the nation • Miller-Motte recently committed $4,500,000 to buildout a portion of the rear of their space to accommodate expansion technical programs • Other technical programs to include HVAC, Electrical, Welding, and CDL • MMTC recently agreed to relocate their CDL driving school to the Deans Bridge Campus on 3.2 adjacent acres, 12-year deal, additional annual rent of $91,600 • Brand New TPO Roofs installed across the entire center in 2025 with 20yr warranties • Parking lot reseal & restripe schedule for Q1 ‘26 following CDL school completion • The center is 97% occupied • Below market rents • Internet resistant tenant mix • Outparcel presents opportunity for an investor to retenant upon current Tenant’s lease expiration • Property located on one of the primary commercial corridors in the Augusta, GA market • Strong traffic counts with over 100,000 cars daily • Dean Bridge Rd: 25,615, ADT • I-520: 67,000 ADT • Conveniently located near Fort Eisenhower, the home of Army Cyber Command and NSA’s regional facility • Located along one of the trade area’s most heavily traveled intersections with traffic counts of over 25,000 Vehicles Per Day & 67,000 Vehicles Per Day on I-520 adjacent to the subject property • Fort Eisenhower employs over 31,000 military, civilian, and contractor personnel • Walmart located on the east side of I-520 from the subject property • Augusta MSA’s Population within 5 miles is expected to grow almost 7% by 2025

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

8.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

307

LAND DETAILS

LAND ACRES

8.89 AC

LAND SF

387,248 SF

ZONING

B-1

APN/PARCEL ID

0960033000

ASK ABOUT THIS PROPERTY

David RiversThe Palomar GroupMore Info
706-854-6731

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David RiversThe Palomar GroupMore Info
706-854-6731

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