3510-3520 Walton Way Ext | Augusta, GA 30909
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3510-3520 Walton Way Ext
Augusta, GA 30909
National Eye Care Clinic | 8% Cap | New HVACs · Office Property For Sale
Investment Highlights
- Healthcare Real Estate has a strong history of providing favorable tenants and lease terms due to their long-term tenancy, high-cost build-outs.
- Property taxes, insurance, and day-to-day maintenance are tenant responsibilities, making this asset a highly passive ownership opportunity.
- The Augusta market boasts favorable fundamentals such as low 4% vacancy rates and long-term trends of growing rental rates.
- At an 8.00% cap rate, this property provides a rare opportunity for investors to have a positive leverage in year one.
- Each property is within a few minutes of a hospital campus, which is ideal for any medical office owner or operator. Hospital adjacency adds location.
Property Facts
Property Type
Office
Property Subtype
Building Size
14,115 SF
Building Class
B
Year Built
1981
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,058 SF
Building FAR
0.37
Lot Size
0.88 AC
Zoning
B-1
Parking
40 Spaces (2.83 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0230020000 | Improvements Assessment | $536,592 |
| Land Assessment | $84,330 | Total Assessment | $620,922 |
Property Taxes
Parcel Number
0230020000
Land Assessment
$84,330
Improvements Assessment
$536,592
Total Assessment
$620,922
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