Miller Motte Center
Retail | 8.44% CAP | 55,907 SqFt
Marketing description
• Miller-Motte College anchored shopping center
• Miller-Motte College recently extended their term for 12 years through 2038
• Top 5% performer in the portfolio of technical colleges operated by Lindenwood Education System
• Lindenwood Education System guarantees the lease, $447mm in annual revenue
• Multi-Unit college operator, 29 campuses across the nation
• Miller-Motte recently committed $4,500,000 to buildout a portion of the rear of their space to accommodate expansion technical programs
• Other technical programs to include HVAC, Electrical, Welding, and CDL
• MMTC recently agreed to relocate their CDL driving school to the Deans Bridge Campus on 3.2 adjacent acres, 12-year deal, additional annual rent of $91,600
• Brand New TPO Roofs installed across the entire center in 2025 with 20yr warranties •
Parking lot reseal & restripe schedule for Q1 ‘26 following CDL school completion
• The center is 97% occupied
• Below market rents
• Internet resistant tenant mix
• Outparcel presents opportunity for an investor to retenant upon current Tenant’s lease expiration
Investment highlights
• Property located on one of the primary commercial corridors in the Augusta, GA market
• Strong traffic counts with over 100,000 cars daily
• Dean Bridge Rd: 25,615, ADT
• I-520: 67,000 ADT
• Conveniently located near Fort Eisenhower, the home of Army Cyber Command and NSA’s regional facility
• Located along one of the trade area’s most heavily traveled intersections with traffic counts of over 25,000 Vehicles Per Day & 67,000 Vehicles Per Day on I-520 adjacent to the subject property
• Fort Eisenhower employs over 31,000 military, civilian, and contractor personnel
• Walmart located on the east side of I-520 from the subject property
• Augusta MSA’s Population within 5 miles is expected to grow almost 7% by 2025
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