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Off Market
1/4

813-815 12th St
Augusta, GA 30901


HIGHLIGHTS

  • Stable in Place Veterinary Tenant
  • Below Market Rent
  • Adjacent to University Hospital
  • Additional Building on Property to Lease Up

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a single tenant veterinary clinic along with the neighboring parcel which totals approximately a half acre and includes a vacant 3,850 square foot building. The property is well positioned on a main thoroughfare known at 12th street, which stretches from U.S. Highway 25 all the way to the Augusta Riverwalk. Butting up against the 40+ acres that is University Hospital gives this property good current and future uses. The property offers stable income with the current nationally known tenant, Heartland Veterinary Partners currently paying a very modest rent of $7.79 per square foot. This location, formerly a private practice and the second location to open locally, was recently acquired by Heartland Veterinary Partners. This investment offers an attractive in-place yield with upside. The building is offered below replacement cost and sits on a parcel of nearly one-half acre of land. The city of Augusta, Georgia is located on the Savannah River which is the border for South Carolina. Highway 20 Runs through Augusta, connecting the cities of Atlanta and Columbia which are the capitol cities of Atlanta and South Carolina respectively.

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Heartland Veterinary Clinic

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

5208

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

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LAND DETAILS

LAND ACRES

0.47 AC AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

0462201010