Augusta General
Retail | 8.00% CAP | 7,500 SqFt
Marketing description
Excellent value-add investment opportunity with existing in-place income, ideal for an owner-occupant or investor seeking upside potential. The property currently features four tenants in place, providing immediate cash flow with additional opportunity to increase returns through lease-up or operational improvements.
Projected proforma income is approximately $65,791 annually, representing an estimated 8% cap rate. The site also offers ample on-site parking and a highly accessible location just off Interstate 85, only minutes from the rapidly growing Augusta Road retail corridor.
An adjacent rental house may also be available for inclusion in the sale, presenting additional income or redevelopment potential. Contact broker for rent roll and additional details regarding the neighboring property.
Investment highlights
- Value-add opportunity with existing income, ideal for owner-occupant
- Four tenants currently in place
- Contact broker for rent roll
- Proforma income: $65,791 (8% cap)
- Ample on-site parking
- Conveniently located just off I-85 and minutes from Augusta Road’s blooming retail corridor
- Neighboring rental house can potentially be included (contact broker for details)
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