Auto Shop NNN Investment
For Sale
Contact for pricing
3059 Deans Bridge Rd, Augusta, GA
NNN investment property with a new 10-year lease.
Property Size3,240 SF
Lot Size1.14 Acres
Price / SF$273.50
Days on Market648
Property Features for 3059 Deans Bridge Rd
General Information
Standard status
Active
Size
3,240 SF
Lot size
1.14 Acres
Property subtype
RETAIL
Listing Agency:
Sherman & Hemstreet - Augusta
(706) 722-8334
Listed By:
Joe Edge · License #282262
Source:
Moodyscre
Added: Oct 21, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:09AM
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 Sherman & Hemstreet - Augusta
Investment Insights
Based on property information with market context.
This NNN investment property features a new 10-year lease with a regional auto glass company. The lease agreement stipulates zero landlord responsibilities and includes both personal and corporate guarantees. The rent remains fixed for the initial 5 years, followed by a 12% increase for years 6 through 10. The lease provides two 5-year renewal options, each with the same 12% rent increase structure. Situated on a high-visibility 0.67-acre corner lot, the property has undergone extensive upgrades, including a new roof planned for 2025 and a new HVAC system installed in 2024, as part of over $300,000 in renovations. The site includes a well-maintained auto shop and a large parking lot. The property is located on a signaled corner with high traffic count. The property is suited for investors seeking long-term stability and income potential. The property size is 3240 square feet.
Key Highlights
- New 10‑year lease with zero landlord responsibilities (NNN)
- Strong lease guarantee: both corporate and personal
- Fixed rent for the first 5 years with a 12% rent increase for years 6‑10, and similar increases in renewal options
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.7k | $16.56 |
| − Vacancy | −$2.1k | −$0.65 |
| EGI | $51.6k | $15.91 |
| − OpEx | −$15.5k | −$4.77 |
| NOI | $36.1k | $11.14 |
3,240 SF · lease $16.56/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$515.6K
$451.2K – $601.6K
NOI $36,093 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$291.4K
$255.0K – $340.0K
NOI $20,398 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$1.02M
$894.8K – $1.19M
NOI $71,587 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- San Luis Tires — 3099 Deans Bridge Rd, Augusta, GA 30906
- Evans Car Care — 3095 Deans Bridge Rd, Augusta, GA 30906
- Xtreme Window Tinting and More — New Location, 2569 Lumpkin Rd, Augusta, GA 30906
- The Tint Shop — Augusta, GA 30906
- St. Joseph b the Catholic Churchu — 2607 Lumpkin Rd, Augusta, GA 30906
Frequently Asked Questions
What type of property is this?
Auto shop - NNN investment property with a new 10-year lease.
Where is this auto shop located?
The property is located at 3059 Deans Bridge Rd Augusta, GA.
What is the asking price?
The asking price for this property is $886,153.
What are key features of this property?
This property features: New 10‑year lease with zero landlord responsibilities (NNN); Strong lease guarantee: both corporate and personal; Fixed rent for the first 5 years with a 12% rent increase for years 6‑10, and similar increases in renewal options
