Property Listing No Longer Available for Sale

2215 Tobacco Road, Augusta, GA

Retail for Sale - $740,000 - 56,000 Sq. Ft. on 8.7 acres


Property Info

CIMLS#947450
Location
  2215 Tobacco Road
  Augusta GA 30906
UpdatedJanuary 2nd, 2019
TypeRetail
Price$740,000
Building56,000 Sq. Ft.
Land8.7 acres

Property Description

Net Lease Ground Lease investment. Long term lease secured by strong retail strip center. Lease expires 2063 and is fixed until that point. Income is $40,000 per year NNN with no landlord responsibilities. Lease has several options to renew after initial lease period with increased rates.

Location Description:

Intersection of Peach Orchard and Tobacco Road


Financials