2510 Peach Orchard Road, Augusta, GA

Shopping Center for Sale - $1,400,000 - 42,837 Sq. Ft. on 4.7 acres

Sherman & Hemstreet Real Estate Comp

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Agent Info

NameJoe Edge
CompanySherman & Hemstreet Real Estate Comp

Property Info

CIMLS #928533
Location2510 Peach Orchard Road
Augusta GA 30906
Last UpdatedMarch 19th, 2018
TypeShopping Center
Price$1,400,000
Building42,837 Sq. Ft.
Land4.7 acres

Contact


Property Description

This great shopping center has tremendous upside and is a great opportunity for an investor to get a large retail center through owner / seller financing. Property is now also on the market for lease through an aggressive marketing campaign and vacancies should be filled soon as this is a fast growing part of Augusta. Income could be much higher if rents were increased upon renewals and converted to NNN leases.

Location Description:

Peach Orchard Rd is Hwy 25. 2510 Peach Orchard Rd lies in between Gordon Hwy and Bobby Jones Expy on the south side of Augusta in the commercial district.

Highlights:

>> Owner Financing

>> Bring all Offers

>> High Traffic Area

>> Rates are Below Market

>> Tons of Upside

>> Fast Growing Part of Town

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** This property also has spaces available for lease.


Financials

Sales Info:

>> Cap rate: 8.89%

>> Commision split: 2.0%

>> NOI: $124555