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115 Robert C Daniel Jr Pky
Augusta, GA 30909
Social Security Admin - Augusta, GA · Office Property For Sale


Executive Summary
Income is derived from rent, expense reimbursements, and tenant improvement (TI) reimbursements. Expense reimbursements are adjusted annually based on the cost-of-living index and increases in local property taxes. As part of the purchase, the tenant makes monthly payments to the landlord under a promissory note related to the building expansion completed in 2023. The original principal balance of the note was $659,183, amortized over 84 months at a 7% interest rate. As of July 1, 2026, the outstanding balance is approximately $450,000.
Building is surrounded by national retailers such as Target, Best Buy, Hobby Lobby and Regal Cinemas. The neighboring area is pedestrian friendly with convenient bus transportation within the vicinity. Site is located conveniently near I-20 @ I-520 location, Wheeler Rd & Walton Way Extension.
Building is surrounded by national retailers such as Target, Best Buy, Hobby Lobby and Regal Cinemas. The neighboring area is pedestrian friendly with convenient bus transportation within the vicinity. Site is located conveniently near I-20 @ I-520 location, Wheeler Rd & Walton Way Extension.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
19,180 SF
Building Class
A
Year Built/Renovated
2005/2023
Price
$6,950,000
Price Per SF
$362.36
Cap Rate
6.37%
NOI
$442,623
Tenancy
Single
Building Height
1 Story
Typical Floor Size
19,180 SF
Building FAR
0.17
Lot Size
2.55 AC
Zoning
B-2
Parking
89 Spaces (4.64 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0232001010 | Improvements Assessment | $1,600,676 |
| Land Assessment | $223,400 | Total Assessment | $1,824,076 |
Property Taxes
Parcel Number
0232001010
Land Assessment
$223,400
Improvements Assessment
$1,600,676
Total Assessment
$1,824,076
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