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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28828504
28828505

3050 Washington Rd, Augusta, GA 30907

MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by SRS Real Estate Partners Atlanta
$2,080,000
23 days on market
Updated 23 days ago

Caribou Coffee - Augusta GA

Details
APN 011-0-207-00-0
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 832
Cap Rate 6.25%
NOI $130,000
Tenancy Single
Brand/Tenant Caribou Coffee
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 09/30/2035
Remaining Term 9.3
Rent Bumps Yes
Lease Options 3 (5-Year)
Year Built 2025
Acreage 0.720
Zoning General Commercial
Parking Spaces 19 spaces
Parking Per SqFt 22.84
Investment Type Net Lease
Lease Commencement 09/30/2025
Ownership Fee Simple

Retail | 6.25% CAP | 832 SqFt

Investment highlights

  • Brand New 10-Year Lease | Scheduled Rental Increases | Corporate Signed | Well-Known & Established Brand

  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Close proximity to Augusta National

  • Situated Along Washington Rd | Interstate 20 |Excellent Visibility & Access

  • Strong Demographics in 5-mile Trade Area | Six-Figure Incomes

Listing Contacts

MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by SRS Real Estate Partners Atlanta

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$130,000.00
$10,833.33/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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