3910 Washington Rd, Augusta, GA 30907 For Sale

LOCATION:

• Dense retail location on highly trafficked Washington Road- near the intersection of Washington Road and Bobby Jones Expressway (65,000+ cars/day)
• Main retail corridor of Augusta- near Walmart, Target, Home Depot, Best Buy, Lowe’s, ALDI, Academy Sports, Sam’s Club, Kohl’s, Hobby Lobby, and approximately 6 large auto dealerships
• Approximately 1 mile off Interstate 20- ADT of over 78,000 cars/day
• Dense, affluent area- over 141,000 residents within 5 miles with an average household income over $112,000
• The Augusta MSA has over 630,000 residents with a projected growth rate of approximately 3.0% over the next five years
• The Augusta MSA is a center for medicine, biotechnology and cybersecurity activities with top employers including Medical College of Georgia, Manus Bio., Inc. and the Georgia Cyber Center
• Fort Eisenhower is a major economic driver, housing more than 16,000 military personnel and nearly 13,500 civilian workers- the facility houses the U.S. Army Cyber Command
• Augusta is home to Augusta National Golf Club which hosts the world-famous Masters Tournament which attracts more than 40,000 spectators and tourists to the region every year

TENANT:

• Corporate Guarantee from Rural Urgent Care, LLC, which under the brand Main Street/Kids Street Urgent Care operates approximately 70 locations across Alabama, Florida, Georgia, and North Carolina
• Main Street Family Urgent Care is primarily owned by Trinity Hunt Partners who have been in business over 22 years and have over $2.2 billion assets under management
• Trinity Hunt acquired Main Street in 2020 when it was just 16 locations and have grown the brand to over 70 locations in approximately 5 years

LEASE TERMS:

• In 2022, Main Street signed a 15-year NNN Lease with 10% increases every 5 years- over 11+ years remaining
• Next rental increase of 10% occurs October 1, 2027
• This location was completely remodeled in 2022 for Main Street, including a new roof