This Retail Property is Off-Market.

Robert C. Daniel Parkway
Augusta, GA 30909 ·

612,267 SF · Retail For Sale

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Augusta Exchange

Price N/A Occupancy 93%
Gross Leasable Area 612,267 SF Tenancy Multiple
Property Type Retail Year Built 2000
Property Sub-type Power Center Lot Size 64.94 AC
Property Use Type Investment
Listing ID: 111585 Date Created: 04/06/2000 Last Updated: 06/28/2001

Description

A retail power center that boasts a powerful array of retail industry leaders that form a complete and complimentary shopping and entertainment environment. First phase completed in 1997 with the third and final phase to be completed in Aug 2000. This center boosts 89.79% of space and 85.38% of income tied into 10 to 20 year leases.

Located in the SE quadrant of I-20 and I-520 within close proximity to Augusta Mall, the dominant mall in the Augusta area. Combined, the two centers provide a complete regional shopping environment. It draws on a population of 651,000 as far as 75 miles form center city. The city of Augusta is the second largest MSA in Georgia.

Highlights

  • Center along with outparcels total 800,000 SF
  • Barriers to entry due to critical mass of Power center and Mall
  • Superior access to I-20, I-520 and secondary roads to premier neighborhoods
  • Nine of the center's tenant are on the list of the top fifty power retailers
  • Ten Augusta Exchange tenants are ranked in the top three nationally by sales for their industry catagories
  • Strong credit throughout the line-up
  • Combination of restaurant outparcels and a new Regal Cinema creates an entertainment district

Research

Robert C. Daniel Parkway, Augusta, GA 30909 (Richmond County)

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