Class A Office
For Sale
Contact for pricing
1030 Stevens Creek Rd, Augusta, GA 30907
Class A office buildings with national NNN tenants and separate-sale flexibility.
Property Size80,073 SF
Lot Size12.00 Acres
Price / SF$184.21
Days on Market192
Property Features for 1030 Stevens Creek Rd
General Information
Standard status
Active
Size
80,073 SF
Class
Class A
Lot size
12.00 Acres
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Meybohm Commercial Properties, LLC
(706) 736-0700
Listed By:
David Hogg · License #365568
Source:
Moodyscre
Added: Feb 19
Changed: Aug 29
Last Checked: Aug 29 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meybohm Commercial Properties, LLC
Investment Insights
Based on property information with market context.
The property comprises 80,073 square feet of Class A office space across a 12-acre site. More than 80% of the space is occupied, and the tenancy includes national NNN tenants. The buildings may be sold separately, providing flexibility for structuring the offering.
Located at 1030 Stevens Creek Rd in Augusta, Georgia, the property is one-half mile from Interstate 20. Its substantial office area, established occupancy, and multi-building configuration create a clearly defined commercial asset for office-focused ownership or occupancy.
Located at 1030 Stevens Creek Rd in Augusta, Georgia, the property is one-half mile from Interstate 20. Its substantial office area, established occupancy, and multi-building configuration create a clearly defined commercial asset for office-focused ownership or occupancy.
Key Highlights
- 80,073 SF of Class A office space
- 12‑acre property in Augusta, GA
- Over 80% occupied
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,225,117
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$24,502,340
$24.5M
Cap Rate 7%
$17,501,671
$17.5M
Cap Rate 9%
$13,612,411
$13.6M
Market Conditions
NOI Build-Up for 80,073 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.92M $24.00/SF
− Vacancy
−$288.3K −$3.60/SF
EGI
$1.63M $20.40/SF
− OpEx
−$408.4K −$5.10/SF
NOI
$1.23M $15.30/SF
Area
Augusta, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$24,502,340
Cap Rate 7%
$17,501,671
Cap Rate 9%
$13,612,411
Alternative Uses
Best Use
Office B
$17.50M
$15.31M – $20.42M
NOI $1,225,117 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.27M
$22.11M – $29.49M
NOI $1,769,196 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 30907, GA
50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office buildings with national NNN tenants and separate-sale flexibility.
Where is this office building located?
The property is located at 1030 Stevens Creek Rd Augusta, GA.
What is the asking price?
The asking price for this property is $14,750,000.
What are key features of this property?
This property features: 80,073 SF of Class A office space; 12‑acre property in Augusta, GA; Over 80% occupied
