Listed by Beman Group RE
$565,000
Old Alexander Drive Industrial/Flex Building
Details
APN 0080005010
Property Type Industrial, Mixed Use
Sub Type Auto Shop, Traditional Office
Square Footage 6,230
Units 4
Cap Rate 6.34%
NOI $35,823
Occupancy 85%
Tenancy Multi
Lease Type Modified
Price per SqFt $91
Class B
Year Built 1961
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.710
Zoning LI
Investment Type Stabilized
Ownership Fee Simple
Industrial | 6.34% CAP | 6,230 SqFt
Marketing description
This well-maintained flex/office building offers 6,230 rentable square feet, currently split between 4 units. Currently holds three different tenants, one of which is a sub-tenant of the front facing business. Leases go out to this summer (up for renewal/negotiation) to 2028.
Strategically located just off Riverwatch Parkway, the property provides seamless access to both Riverwatch and Washington Road, as well as quick connectivity to I-20—making it a prime location for any growing business in the Augusta area.
Interested in a tour? Contact The Beman Group today!
Listing Contacts
Listed by Beman Group RE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,823.00
$2,985.25/mo
Valuation Metrics
0
DSCR
6.34%
Cap Rate
6.34%
ROI
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