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Evans Professional Center 4246 Washington Rd 10,000 SF 100% Leased Retail Building Evans, GA 30809 $2,000,000 ($200/SF) 6.69% Cap Rate
Investment Highlights
- Property: ±10,000 SF multi-tenant retail/office building | 100% occupied | 12.46-year WALT | 6 tenants | personal guarantees on all leases
- Market: Evans, GA (Columbia County) | 27,300 VPD | 146,706 residents in 15-min trade area | median HHI $87,823
- Investment: $2,000,000 | $200/SF | 6.69% cap rate | $133,859 NOI | contractual escalations across all leases
Executive Summary
Evans Professional Center offers investors a rare opportunity to acquire a fully stabilized, multi-tenant retail and professional office asset in the heart of Evans, Georgia — one of the Augusta metro's most affluent and fastest-growing submarkets. The ±10,000 SF two-story building delivers immediate, reliable income backed by six tenants, 100% occupancy, and a weighted average lease term of over 12 years. The property's diverse tenant mix — spanning personal services, wellness, and office users — provides natural income resilience across economic cycles. With built-in rental escalations across all leases and a gross lease structure that insulates ownership from expense creep, Evans Professional Center is purpose-built for the passive investor seeking durable cash flow in a high-barrier, high-income trade area surrounded by national retailers including Target, Kohl's, Lowe's, and Chick-fil-A.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
2007
Price
$2,000,000
Price Per SF
$200
Cap Rate
6.69%
NOI
$133,859
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.64 AC
Zoning
C2 - General Commercial
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Child Evangelism Fellowship
- Services
- -
- -
- -
- -
- Flack Family Chiropractic
- Health Care and Social Assistance
- -
- -
- -
- -
- Kendra Financial Group Inc
- Finance and Insurance
- -
- $18.00
- Triple Net
- Jan 2012
- Rebecca's
- Retailer
- -
- -
- -
- -
- Retreat Spa & Salon LLC
- Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Child Evangelism Fellowship | Services | - | - | - | - | |
| Flack Family Chiropractic | Health Care and Social Assistance | - | - | - | - | |
| Kendra Financial Group Inc | Finance and Insurance | - | $18.00 | Triple Net | Jan 2012 | |
| Rebecca's | Retailer | - | - | - | - | |
| Retreat Spa & Salon LLC | Services | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 072A192C | Improvements Assessment | $452,999 |
| Land Assessment | $242,410 | Total Assessment | $695,409 |
Property Taxes
Parcel Number
072A192C
Land Assessment
$242,410
Improvements Assessment
$452,999
Total Assessment
$695,409
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Evans Professional Center | 4246 Washington Rd
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