3859 Washington Road, Augusta, GA 30907
$873,000
Property Type:
Commercial Sale
Square Footage:
3,036
Lot Size (sq. ft.):
35,284
Status:
Closed
Current Price:
$873,000
List Date:
7/30/2021
Last Modified:
12/29/2024
Description
Absolute NNN lease investment - no Landlord responsibilities. Tenant has 9 years remaining on lease and invested approximately $215K in location upfits and additions demonstrating commitment to the site. Perfect for the smaller investor at a 6.5 cap. Tenant has 40 locations in 6 states, no long term debt. This center is in the top 5 producing sites in their network. Corporate guarantee.
More Information MLS# 473373
Contract Info
Availability Date: 2021-07-01
Triple Net Y/N: Yes
Tenancy: Multiple
Property Sub Type: Business
Sold Price: $873,000
List Date: 2021-07-29
Status: Closed
Current Price: $873,000
Original List Price: 923000
Location, Tax & Legal
Quadrant: 1CO
Parcel Number: 077C040
Street #: 3859
Street Name: Washington
Street Suffix: Road
County: Columbia
State: GA
Zip Code: 30907
MLS Area Major/Quadrant: Columbia (1CO)
Subdivision Name: None-1co
General Property Info
Lot Size Acres: 0.81
Frontage Length: 103
Lot Size Dimensions: 100 x 315
Average Depth: 315
# Of Units Total: 1
Total SqFt: 3036
Living Area Source: Appraiser
# Retail SqFt: 3036
Parking Total: 25
Ceiling Height: 12
Average Daily Traffic: 35000
List Price/Acres: 1139506.17
List Price/SqFt: 304.01
Year Built: 1977
Remarks & Misc
Directions: WASHINGTON RD WEST TO BOBBY JONES EXPRESSWAY ON THE RIGHT.
Public Remarks: Absolute NNN lease investment - no Landlord responsibilities. Tenant has 9 years remaining on lease and invested approximately $215K in location upfits and additions demonstrating commitment to the site. Perfect for the smaller investor at a 6.5 cap. Tenant has 40 locations in 6 states, no long term debt. This center is in the top 5 producing sites in their network. Corporate guarantee.
Status Change Info
Sold Price/ Acres: 1077777.78
Sold Price/SqFt: 287.54
Sold Price: $873,000
Closed Date: 2021-10-28
Income & Expenses
Net Operating Income: 60000
Cash Flow: 60000
Current Use
Retail: 1
Other: 1
See Remarks: 1
Business Type
Auto Service: 1
Possible Use
Automotive: 1
Retail: 1
Structure Type
Property Attached Y/N: No
Roof
Asphalt: 1
Parking Features
Lighted: 1
Development Status
Finished Lot(s): 1
Utilities
Underground Utilities: 1
Water Source
Public: 1
Improvements
Sidewalks: 1
Sewer
Public Sewer: 1
Lot Features
Level: 1
Road Frontage Type
County Road: 1
Road Surface Type
Asphalt: 1
Paved: 1
Restrictions
Other: 1
See Remarks: 1
Land Options
Leased: 1
Possession
Close Of Escrow: 1
Showing Requirements
Restricted Hours: 1
Electric
220 Volts: 1
Listing Terms
Lease Option: 1
Lease Purchase: 1
Special Listing Conditions
Not Applicable: 1
Short Sale: 1
Documents
Aerial: 1
Environmental Studies: 1
Leases: 1
Legal: 1
Phase 1 Environmental Audit: 1
Plat: 1
Pro-Forms Statement: 1
Profit/Loss Statement: 1
Traffic: 1
Property Features
Business Type: Auto Service
Current Use: Retail; Other; See Remarks
Possible Use: Automotive; Retail
Roof: Asphalt
Parking Features: Lighted
Development Status: Finished Lot(s)
Utilities: Underground Utilities
Improvements: Sidewalks
Lot Features: Level
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: County Road
Road Surface Type: Asphalt; Paved
Restrictions: Other; See Remarks
Land Options: Leased
Possession: Close Of Escrow
Showing Requirements: Restricted Hours
Electric: 220 Volts
Listing Terms: Lease Option; Lease Purchase
Special Listing Conditions: Not Applicable; Short Sale
Documents: Aerial; Environmental Studies; Leases; Legal; Phase 1 Environmental Audit; Plat; Pro-Forms Statement; Profit/Loss Statement; Traffic
Listing Office:
Emory Williamson Company
Listing Agent:
Emory Williamson
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.