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28724128
29344566

3097 Deans Bridge Rd, Augusta, GA 30906

DM
GA 434241
Matthews
JE
GA 210921
Matthews
PM
GA 306418
Matthews
KS
FL SL3210522, TN 317867 (+4)
Matthews
Listed by Matthews
$1,100,000
173 days on market
Updated 25 days ago

Dean’s Plaza & Car Wash

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 6,470
Units 6
Cap Rate 7.41%
NOI $81,530
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $170
Year Renovated 2019
Acreage 0.580
Investment Type Value Add

Value-Add Retail Strip Center | 7.41% CAP | 6,470 SqFt

Investment highlights

  • Compelling Value-Add Opportunity: In-place rents average approximately $14.49 per square foot gross, offering significant upside potential. Additional value can be realized by demising the end cap (Suite 1) into multiple inline units to optimize the tenant mix and increase the blended rental rate.

  • Lease Structure Repositioning Potential: Existing tenancy is governed by modified gross leases with minimal reimbursement structures. Transitioning to full triple-net (NNN) leases presents a clear path to enhanced net operating income and improved cash flow predictability.

  • Significant Capital Improvements Completed: The property underwent a comprehensive exterior repositioning in 2019, including installation of a new façade, new roof, updated storefront systems, modernized entry features, fresh exterior paint, and resurfaced and restripe parking.

  • High-Visibility Frontage with Strong Traffic Counts: The asset benefits from direct frontage along Deans Bridge Road, which experiences approximately ±23,800 vehicles per day, and is located less than one mile from I-520, which sees an additional ±78,300 vehicles per day.

  • Flexible Expansion or Redevelopment Upside: Situated on a double-parcel totaling approximately ±0.58 acres, the property affords future ownership optionality for pad site development, additional inline retail expansion, or broader site redevelopment.

  • Prime Position in an Established Retail Corridor: Located within a heavily trafficked retail corridor, the property is adjacent to many strong national retailers, including Walmart Supercenter, Dollar Tree, Circle K, AutoZone, Family Dollar, Popeyes, and Pizza Hut.

Listing Contacts

DM
GA 434241
Matthews
JE
GA 210921
Matthews
PM
GA 306418
Matthews
KS
FL SL3210522, TN 317867 (+4)
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$81,530.00
$6,794.17/mo

Valuation Metrics

0
DSCR
7.41%
Cap Rate
7.41%
ROI

Map

Zoning

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B-1 CommercialNeighborhood CommercialNeighborhood Business
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Maxx Bauman
License
80041 (GA)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Name
Drew Milam
License
434241
Brokerage Phone
8668890550
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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