2510 Peach Orchard Road, Augusta, GA
Shopping Center for Sale - $1,400,000 - 42,837 Sq. Ft. on 4.7 acres
Property Info
CIMLS# | 928533 |
Location 2510 Peach Orchard Road Augusta GA 30906 | |
Updated | June 5th, 2018 |
Type | Shopping Center |
Price | $1,400,000 |
Building | 42,837 Sq. Ft. |
Land | 4.7 acres |
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