Description
PRICE REDUCED! 9.85% CAP RATE - Great 100% occupied income property. Plenty of upside for rent growth as third lease is paying well below market rate. Turn key investment with management in place. Directly across from old golf course that is being proposed for new residential/multifamily development.Located near the intersection of Lumpkin Road and Richmond Hill Road, this retail center is just a short drive away from Fort Gordon and Augusta Technical College. It is minutes away from Bobby Jones Expressway and other large shopping centers and residential neighborhoods in the area. This site is in a very highly visible spot with close to 13,000 cars passing by daily.
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0BEDS
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0.39ACRES
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0BATHS
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01/2 BATHS
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1,560SQFT
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$1$/SQFT
School Ratings & Info
Description
PRICE REDUCED! 9.85% CAP RATE - Great 100% occupied income property. Plenty of upside for rent growth as third lease is paying well below market rate. Turn key investment with management in place. Directly across from old golf course that is being proposed for new residential/multifamily development.Located near the intersection of Lumpkin Road and Richmond Hill Road, this retail center is just a short drive away from Fort Gordon and Augusta Technical College. It is minutes away from Bobby Jones Expressway and other large shopping centers and residential neighborhoods in the area. This site is in a very highly visible spot with close to 13,000 cars passing by daily.
IDX information © 2023 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Shannon Rollings Real Estate. Data last updated 2023-09-30T20:55:42.537.