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1025 Patriots Way 9,910 SF Retail Building Augusta, GA 30907 $1,600,000 ($161.45/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Immediate Lease Back Option for the First Two Years.
EXECUTIVE SUMMARY
*LEASE BACK* Douglas Lane Real Estate Group is thrilled to present an exceptional investment or owner-user opportunity in Augusta, GA. This prime property offers nearly 10,000 square feet of versatile space suitable for a variety of business types. Situated directly across from Mercedes-Benz of Augusta, the location is surrounded by bustling retail, dining, hospitality, and office establishments, enhancing its appeal and accessibility.
Located at 1025 Patriots Way, this property is just 200 yards from Washington Road and a half-mile from Interstate 20, ensuring convenient access and visibility. With the renowned Masters Tournament held only 2 miles away, the area attracts significant visitor traffic, creating even greater business potential. Washington Road boasts a daily traffic count exceeding 30,000, making this a top destination for commerce in Augusta.
The current owner seeks a lease-back arrangement for one year post-closing, presenting an advantageous setup for buyers.
For more information, please don’t hesitate to reach out.
Located at 1025 Patriots Way, this property is just 200 yards from Washington Road and a half-mile from Interstate 20, ensuring convenient access and visibility. With the renowned Masters Tournament held only 2 miles away, the area attracts significant visitor traffic, creating even greater business potential. Washington Road boasts a daily traffic count exceeding 30,000, making this a top destination for commerce in Augusta.
The current owner seeks a lease-back arrangement for one year post-closing, presenting an advantageous setup for buyers.
For more information, please don’t hesitate to reach out.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,910 SF
Building Class
C
Year Built
1990
Price
$1,600,000
Price Per SF
$161.45
Cap Rate
8%
NOI
$128,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.56 AC
Zoning
B-2 - Retail Trade
Parking
20 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
279’ on Patriots Way
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0110075030 | Improvements Assessment | $134,032 |
| Land Assessment | $58,543 | Total Assessment | $192,575 |
PROPERTY TAXES
Parcel Number
0110075030
Land Assessment
$58,543
Improvements Assessment
$134,032
Total Assessment
$192,575
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1025 Patriots Way
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