Two-Story Office
For Sale
$2,750,000
1046 Stevens Creek Road & 1038 - 1048 Claussen Road, Augusta, GA 30907
NNN-leased professional property with secured technology infrastructure, training space, and expansion land.
Property Size15,066 SF
Price / SF$183.33
Days on Market238
Property Features for 1046 Stevens Creek Road & 1038 - 1048 Claussen Road
General Information
Standard status
Active
Size
15,066 SF
Class
B
Property subtype
Single Tenant Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
state-of-the-art technology
bathrooms
break rooms
raised floor data room
large training room
landscaped surroundings
Building Details
Building Size
15,066 SF
Year Built
1973
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
Meybohm Commercial Properties, LLC
Listed By:
David Hogg · License #365568
(706) 736-0700
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 12
Last Checked: Oct 12 at 4:40PM
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.
This approximately 15,000-square-foot, two-story professional office property was built in 1973 and is fully occupied by MAG Aerospace under an NNN lease. The building includes restrooms and break areas on both levels, along with a raised-floor data room and a substantial training room on the first floor. Security features and technology infrastructure support the current office use.
The property includes three parcels and additional land for expansion. More than 90 parking spaces serve the building, which has landscaped surroundings. Its location at Stevens Creek Road and Claussen Road places it near the I-20 Washington Road exit, with visibility from I-20. The address is 1046 Stevens Creek Road and 1038–1048 Claussen Road in Augusta, Georgia.
The property includes three parcels and additional land for expansion. More than 90 parking spaces serve the building, which has landscaped surroundings. Its location at Stevens Creek Road and Claussen Road places it near the I-20 Washington Road exit, with visibility from I-20. The address is 1046 Stevens Creek Road and 1038–1048 Claussen Road in Augusta, Georgia.
Key Highlights
- Approximately 15,000 SF two‑story office building
- 100% occupied by MAG Aerospace under an NNN lease
- More than 90 parking spaces with landscaped surroundings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,500
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,590,000
$4.6M
Cap Rate 7%
$3,278,571
$3.3M
Cap Rate 9%
$2,550,000
$2.6M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$360.0K $24.00/SF
− Vacancy
−$54.0K −$3.60/SF
EGI
$306.0K $20.40/SF
− OpEx
−$76.5K −$5.10/SF
NOI
$229.5K $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 Rate 5%
$4,590,000
Cap Rate 7%
$3,278,571
Cap Rate 9%
$2,550,000
Alternative Uses
Best Use
Office B
$3.28M
$2.87M – $3.83M
NOI $229,500 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.73M
$4.14M – $5.52M
NOI $331,422 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
746
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 - NNN-leased professional property with secured technology infrastructure, training space, and expansion land.
Where is this office building located?
The property is located at 1046 Stevens Creek Road & 1038 - 1048 Claussen Road Augusta, GA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Approximately 15,000 SF two‑story office building; 100% occupied by MAG Aerospace under an NNN lease; More than 90 parking spaces with landscaped surroundings
