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3859 Washington Road

Augusta, GA 30907
  • $873,000
  • STATUS: Closed
  • ON SITE: 425 Days
  • MLS #: 473373
Sold - 10/28/2021
$873,000
SOLD - 10/28/2021
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,036
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Absolute NNN lease investment - no Landlord responsibilities. Tenant has 9 years remaining on lease and invested approximately $215K in location upfits and additions demonstrating commitment to the site. Perfect for the smaller investor at a 6.5 cap. Tenant has 40 locations in 6 states, no long term debt. This center is in the top 5 producing sites in their network. Corporate guarantee.

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IDX information © 2022 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 2022-09-28T20:55:44.307.
www.shannonr.com/homes/119856967
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3859 Washington Road Augusta, GA 30907

  • Price: $923,000
  • Status: Closed
  • On Site: 425 Days
  • Updated: 52 min ago
  • MLS #: 473373
0
Beds
0
Baths
0
½ Baths
0.81
Acres
3,036
SQFT
$0
$/SQFT
1977
Built
Neighborhood:
None-1Co
County:
Columbia
Area:
Augusta
Property Description
Absolute NNN lease investment - no Landlord responsibilities. Tenant has 9 years remaining on lease and invested approximately $215K in location upfits and additions demonstrating commitment to the site. Perfect for the smaller investor at a 6.5 cap. Tenant has 40 locations in 6 states, no long term debt. This center is in the top 5 producing sites in their network. Corporate guarantee.
Exterior Features

Average Daily Traffic 35000 Frontage Length 103 Lot Features Level Lot Size Dimensions 100 X 315 Parking Features Lighted Parking Total 25.00 Road Frontage Type County Road Road Surface Type AsphaltPaved Roof Asphalt

Interior Features

Ceiling Height 12 Electric 220 Volts Retail Sq Ft 3036.00

Property Features

Availability Date 2021-07-01 Average Depth 315 Business Type Auto Service Cash Flow 60000.00 Current Use OtherRetailSee Remarks Development Status Finished Lot(S) Improvements Sidewalks Land Options Leased Listing Terms Lease OptionLease Purchase Net Operating Income 60000.00 Possible Use AutomotiveRetail Property Attached YN No Property Sub Type Business Restrictions OtherSee Remarks Sewer Public Sewer Special Listing Conditions Not ApplicableShort Sale Tenancy Multiple Triple Net YN Yes Utilities Underground Utilities Water Source Public

Listing courtesy of Emory Williamson Company: (706) 834-8800.


IDX information © 2022 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 2022-09-28T20:55:44.307.
 
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Shannon Rollings Real Estate
339 West Avenue
North Augusta SC, 29841