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Children’s Dental Clinic | 800+ Unit Operator 1243 Augusta West Pky 8,420 SF Office Building Augusta, GA 30909 $4,158,000 ($493.82/SF) 6.50% Cap Rate
Investment Highlights
- 10 Years Remaining | Annual Rental Increases | Options to Extend | Guaranteed by MB2 Dental
- Along Augusta W Pkwy | Interstate 520 & 20 | Dense Retail Corridor
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
Executive Summary
• The tenant currently has 10 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation
• The property is guaranteed by MB2 Dental
• The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation
• The property is guaranteed by MB2 Dental
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,420 SF
Building Class
B
Year Built
2003
Price
$4,158,000
Price Per SF
$493.82
Cap Rate
6.50%
NOI
$270,283
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,673 SF
Slab To Slab
10’
Building FAR
0.05
Lot Size
3.63 AC
Zoning
GC - General Commercial
Parking
27 Spaces (3.21 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Children’s Dental Clinic | 800+ Unit Operator | 1243 Augusta West Pky
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