3452 Peach Orchard Rd - Storefront FOR SALE


Augusta, GA 30906- Southside
$1,600,000 USD
706-627-2789
3452 Peach Orchard Rd, Augusta, GA for Sale
$1,600,000 USD
Storefront - FOR SALE
1/11
null | 8.07% Cap Rate

3452 Peach Orchard Rd
Augusta, GA 30906
Southside


HIGHLIGHTS

  • Stable rental history
  • Consistent 100% collection rate
  • Strong opportunity for rent growth
  • Professionally managed
  • High Traffic Count 30K+

OVERVIEW

Woodside Square is a five-building complex comprised of fifteen rental units. The center has an A+ occupancy and collections history. The property is professionally managed and has 100% collections consistently with low operating expenses. Most leases are long term tenants, and all leases have annual rental income bumps built into the agreement. This is a true turn-key investment for someone looking to collect a monthly check with no headaches based on a strong rate of return. Individual units have no deferred maintenance. Some signage improvements and resealing parking lot are needed. This is an excellent opportunity to acquire an asset under $100 per square foot with excellent upside potential. Excellent location with over 500 feet of frontage on US Highway 25-Peach Orchard Road. This complex consists of 3452 and 3458 Peach Orchard Road and sits on over 2 acres in the heart of Augusta. 30,000+ traffic count daily. Close to the intersection of Rosier Road and Phinizy Road.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

8.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodside Square Complex

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

B-2

APN/PARCEL ID

1333070010

ASK ABOUT THIS PROPERTY

Joe Edge, SIOR, CCIMSherman & Hemstreet Real Estate CompanyMore Info
706-627-2789

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Joe Edge, SIOR, CCIMSherman & Hemstreet Real Estate CompanyMore Info
706-627-2789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.