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34420135
34420134

1547 15th Street, Augusta, GA 30901 For Sale

HA
GA SL3422263
Matthews
TW
GA 416083
Matthews
Listed by Matthews
$1,900,000
5 days on market
Updated 5 days ago

Gexpro

Details
Property Type Retail
Square Footage 21,500
Cap Rate 6.73%
NOI $127,920
Remaining Term 5
Price per SqFt $88
Year Built 1957
Year Renovated 2021
Acreage 1.190
Ground Lease No

Credit-Tenanted Industrial Asset — 15+ Years of Proven Cash Flow in Augusta, GA

Investment highlights

• Institutional-Quality Credit-Tenanted Industrial Asset – The offering presents the opportunity to acquire a fully occupied, single-tenant net-leased industrial asset occupied by Gexpro, a subsidiary of Rexel USA, Inc. Rexel is one of the world’s leading electrical distribution companies, providing investors with the strength of an established corporate tenant and a long-standing presence in the industrial distribution sector. Gexpro’s continued occupancy reinforces the property’s role as a critical distribution facility within the Augusta market while providing dependable, long-term cash flow.

• Long-Term Net-Leased Income with Limited Landlord Responsibilities – The property is leased to Gexpro under a NN+ lease extending through July 31, 2031, offering approximately five years of remaining lease term. The tenant is responsible for reimbursing real estate taxes and insurance, while the landlord has no common area maintenance responsibilities, creating a predictable and low-management investment. Three additional five-year renewal options at fair market rental rates provide flexibility for continued occupancy and support long-term income stability.

• Functional Distribution Facility with Efficient Industrial Design – The approximately 21,500-square-foot facility is well suited for warehouse, distribution, and service-oriented operations. Designed to support efficient logistics and daily operations, the building features 16- to 18-foot clear heights, four dock-high loading doors, one grade-level door, and M-1 Light Industrial zoning within Richmond County. Its functional layout and industrial specifications appeal to a broad range of users while supporting the tenant’s ongoing operational needs.

• Strategically Located Within Augusta’s Industrial Corridor – Situated in Augusta, Georgia, the property benefits from excellent regional connectivity with immediate access to Gordon Highway and Interstate 520, providing convenient links throughout the Augusta metropolitan area and to major transportation corridors across the Southeast. The location supports efficient distribution and last-mile service capabilities, making it an ideal operating location for Gexpro while enhancing the property’s long-term industrial appeal.

Listing Contacts

HA
GA SL3422263
Matthews
TW
GA 416083
Matthews
Listed by Matthews

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,920.00
$10,660.00/mo

Valuation Metrics

0
DSCR
6.73%
Cap Rate
6.73%
ROI

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Additional Information

Name
Maxx Bauman
License
451849, 80041 (GA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
Name
Harrison Auerbach
License
SL3422263
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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