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32264755
32264753

2601 Tobacco Road, Augusta, GA 30815 For Sale

MS
PA RS297166
CBRE - Philadelphia Suburban
MG
PA RS287470
CBRE - Philadelphia Suburban
CBRE - Philadelphia Suburban
Listed by CBRE - Philadelphia Suburban
$568,785
75 days on market
Updated 17 days ago

Tires Plus | Augusta, GA

Details
Property Type Retail
Sub Type Storefront, Auto Shop (+1)
Square Footage 3,760
Cap Rate 7%
NOI $39,815
Occupancy 100%
Tenancy Single
Brand/Tenant Tires Plus
Lease Type NNN
Lease Term 10
Lease Expiration 10/31/2031
Remaining Term 5.3
Rent Bumps Yes
Lease Options 1x5 Years
Year Built 1987
Acreage 0.650
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/01/2021
Ground Lease No
Ownership Fee Simple

Small Price Point | Investment Grade Tenant | Augusta, GA MSA

Investment highlights

INVESTMENT GRADE TENANT

The Property is leased to Bridgestone Retail Operations, LLC, a subsidiary of Bridgestone Corporation, an investment-grade (S&P: A) global leader in tire and automotive services. The corporate-guaranteed lease structure provides secure and reliable income backed by a tenant with $29.6 billion in annual revenue.

LONG-TERM TENANCY WITH RECENT LEASE EXTENSION

Tires Plus has operated at this location since 2001, demonstrating a long-standing commitment to the site and surrounding market. The tenant recently exercised its renewal option, extending the lease through October 31, 2031. The lease is structured as NNN, providing passive ownership with minimal landlord responsibilities.

Bite Sized Rent & Price Point

A low rent of only $39,815 presents as an attractive investment opportunity for those looking for a rare blend of affordability, lease term and credit, not often found in the market.

STRONG TRAFFIC COUNTS & VISIBILITY

The Property benefits from excellent visibility along Tobacco Road (18,700 VPD) and intersects with Route 1 (35,900 VPD) to the west and Windsor Spring Road (29,100 VPD) to the east, two primary thoroughfares connecting the site to the greater Augusta area and driving consistent daily traffic to the corridor.

PROXIMITY TO AUGUSTA & REGIONAL DEMAND DRIVERS

Located within the Augusta MSA, the Property benefits from a diverse economic base with strong employment, retail, and entertainment offerings Augusta—the state’s second-oldest and second-largest city, situated along the scenic Savannah River—is internationally recognized for hosting The Masters Tournament at Augusta National Golf Club.

GROWING RESIDENTIAL BASE

The surrounding area is experiencing ongoing residential growth, with multiple new housing developments underway, including a community of 84 single-family homes and a 161-unit townhome development currently entering its second phase. Additional residential projects are planned nearby, further strengthening the long-term customer base.

NEARBY MILITARY INSTALLATION

The Property is located approximately five minutes from Fort Eisenhower, a major U.S. Army installation that supports a substantial population of military personnel, civilian employees, and families, providing a steady and reliable source of demand.

ESTABLISHED RETAIL CORRIDOR

Positioned along a well-trafficked retail corridor, the Property is surrounded by national and regional retailers including Walmart, KJ’s Market, Dollar General, Family Dollar, Dollar Tree, McDonald’s, KFC, Taco Bell, Advance Auto Parts, Waffle House, and more.

STABLE DEMOGRAPHICS

The Property serves a population of more than 81,000 residents within a five-mile radius, supported by over 29,000 households and average household incomes exceeding $73,000. The area is projected to experience continued household growth through 2030, reinforcing long-term stability.

Listing Contacts

MS
PA RS297166
CBRE - Philadelphia Suburban
MG
PA RS287470
CBRE - Philadelphia Suburban
CBRE - Philadelphia Suburban
Listed by CBRE - Philadelphia Suburban

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,815.00
$3,317.92/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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