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33855493
33855494

115 Robert C Daniel Junior Parkway, Augusta, GA 30909

JE
GA GA 282262
Sherman & Hemstreet Real Estate Company
Listed by Sherman & Hemstreet Real Estate Company
$6,950,000
7 days on market
Updated 6 days ago

115 Robert C Daniel Junior Parkway

Details
Property Type Office
Sub Type Traditional Office
Square Footage 19,180
Net Rentable (SqFt) 19,180
Units 1
Cap Rate 6.37%
NOI $442,623
Brand/Tenant GSA
Lease Type Gross
Lease Term 30
Lease Expiration 11/01/2035
Remaining Term 9.3
Rent Bumps Yes
Class A
Year Built 2005
Year Renovated 2023
Buildings 1
Acreage 1.880
Zoning R-3C
Investment Type Institutional
Lease Commencement 11/01/2005
Ground Lease No

About This Property

Marketing description

Exceptionally rare offering of a U.S. Government facility located in a prime area of Augusta, Georgia. This building was constructed as a build-to-suit facility for the Social Security Administration (SSA) through the General Services Administration (GSA) in 2005. The tenant renewed its lease in 2020 and expanded the facility in 2023.

Most HVAC units have been replaced, and the roof on the original section of the building was recently replaced. The facility is in first-class condition.

Income is derived from base rent, expense reimbursements, and tenant improvement (TI) reimbursements. Reimbursements are adjusted annually based on the cost-of-living index and increases in local property taxes.

The purchase includes a note payable by the tenant to the landlord for the 2023 building expansion. The note originally totaled $659,183 and is amortized over 84 months at an interest rate of 7%. As of July 1, 2026, the outstanding balance is approximately $450,000.

Building is surrounded by national retailers such as Target, Best Buy, Hobby Lobby and Regal Cinemas. The neighboring area is pedestrian friendly with convenient bus transportation within the vicinity. Site is located conveniently near I-20 @ I-520 location, Wheeler Rd & Walton Way Extension.

Listing Contacts

JE
GA GA 282262
Sherman & Hemstreet Real Estate Company
Listed by Sherman & Hemstreet Real Estate Company

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$442,622.95
$36,885.25/mo

Valuation Metrics

0
DSCR
6.37%
Cap Rate
6.37%
ROI

Map

Zoning

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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Joe Edge
License
GA 282262
Brokerage
Sherman & Hemstreet Real Estate Co
Brokerage Phone
7067228334
Title
Broker in Charge
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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