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Retail Investment Property Near Augusta

2807 Washington Rd Augusta, GA

2807 Washington Rd, Augusta, GA, 00000
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For Sale
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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
Listed by Rhodes Seeger
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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center Gym & Fitness Center Law Firm Auto Parts Store Auto Repair Shop Kitchen & Bath Showroom Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
(706) 854-6723 Call to check price and availability
More about this property
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