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3095-3097 Deans Bridge Rd
Augusta, GA 30906 · Dean's Plaza & Car Wash
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FOR SALERetail / Strip Mall
Cap Rate
7.41%
NOI
$81,530
Building Size
6,470SF
Lot Size
0.58ac
Year Built
1966
Year Renovated
2019
Listing Contacts
More property details
Tenancy
Multi Tenant
Currently Leased
Yes
Investment
Investment
Property Status
As Is
No of Buildings
2
No of Stories
1
Units
6
Ownership
Fee Simple
Parking Info
Surface parking lot; resurfaced and restriped in 2019
Investment Detail
Multi-tenant retail investment opportunity with 100% occupancy. In-place rents average $14.49 PSF gross with value-add upside through lease restructuring to NNN and potential demising of end-cap suite. Year 1 NOI of $81,530 on a $1,100,000 list price.
Features & amenities
Site
Direct frontage on Deans Bridge Road
Resurfaced and restriped parking lot (2019)
Double-parcel site totaling ±0.58 acres
Multiple access points / curb cuts
Signalized intersection nearby
Building
New façade installed 2019
New roof installed 2019
Updated storefront systems (2019)
Modernized entry features (2019)
Fresh exterior paint (2019)
Location
Map unavailable
Dean's Plaza & Car Wash
About the location
The property is located along Deans Bridge Road in Augusta, Georgia, within a heavily trafficked retail corridor less than one mile from I-520. The site benefits from approximately ±23,800 vehicles per day on Deans Bridge Road and ±78,300 vehicles per day on I-520. The surrounding area includes national retailers such as Walmart Supercenter, Dollar Tree, Circle K, AutoZone, Family Dollar, Popeyes, and Pizza Hut.
Location highlights
- Direct frontage on Deans Bridge Road (±23,800 VPD); less than 1 mile from I-520 (±78,300 VPD); adjacent to Walmart Supercenter, Dollar Tree, Circle K, AutoZone, Family Dollar, Popeyes, Pizza Hut; near Augusta Technical College (±5,940 students)