Retail Investment Property Near
2807 Washington Rd Augusta, GA
2807 Washington Rd, Augusta, GA, 00000
Contact for pricing
For Sale
Contact for pricing
Retail investment property near Augusta National Golf Club entrance.
Property Size6,000 SF
Lot Size0.85 Acres
Price / SF$388.80
Days on Market519
Property Features for 2807 Washington Rd
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.85 Acres
- Property subtype
- RETAIL
Listing agency
Southeastern
(706) 854-6723
Listed by
Rhodes Seeger
(706) 854-6723
Source
Moodyscre
Added: Feb 17, 2025 Updated: Jul 6 at 10:38AM Checked: Jul 21 at 4:36AM
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 Southeastern
Investment Insights
Based on property information with market context.
This investment property is located near the main entrance to the Augusta National Golf Club, within the Washington Walk Shopping Center. The shopping center is anchored by the area's number one grocery chain and highest performing store. Current tenants within the property include TD Ameritrade, Cricket Wireless, and V's Authentic Cuisine. Other co-tenants in the shopping center are Kroger, Moe's, Sports Clips, World of Beer, Chicken Salad Chick, and Kroger Fuel. Publix and Lidl are located across from Washington Walk. The property size is 6,000 square feet.
Key Highlights
- Located near the main entrance to Augusta National Golf Club.
- Anchored by the area's #1 grocery chain and highest performing store (Kroger).
- Strong co‑tenants include Kroger, Moe's, Sports Clips, World of Beer, and Chicken Salad Chick.
Local 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 | $99.4k | $16.56 |
| − Vacancy | −$3.9k | −$0.65 |
| EGI | $95.5k | $15.91 |
| − OpEx | −$28.6k | −$4.77 |
| NOI | $66.8k | $11.14 |
6,000 SF · lease $16.56/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$954.8K
$835.5K – $1.11M
NOI $66,839 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,569 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bienvenidos Press
Publishing House
AGS Airport Limo ...
Car Rental Facility
Dr. Robert Milhous
Alternative Medicine Practice
Carpet Cleaning Pros ...
Air Duct Cleaning Service
Rockin' Crab Seafood ...
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Washington Walk Shopping Center — 2801 Washington Rd, Augusta, GA 30909
- Washington Crossing - Augusta, GA — 2907 Washington Rd, Augusta, GA 30909
- Fairway Square Shopping Center — 2825 Washington Rd, Augusta, GA 30909
- National Plaza — 2816 washington rd, augusta, ga 30909
- Georgia MV Express Tag Kiosk — 2801 Washington Rd, Augusta, GA 30909
FAQs
What type of property is this?
Shopping center - Retail investment property near Augusta National Golf Club entrance.
Where is this shopping center located?
The property is located at 2807 Washington Rd Augusta, GA.
What is the asking price?
The asking price for this property is $2,332,800.
What are key features of this property?
This property features: Located near the main entrance to Augusta National Golf Club.; Anchored by the area's #1 grocery chain and highest performing store (Kroger).; Strong co‑tenants include Kroger, Moe's, Sports Clips, World of Beer, and Chicken Salad Chick.