2822 Hillcreek Dr Augusta, GA 30909
Extensive, renovated office space with modern amenities and convenient location.
Property Features for 2822 Hillcreek Dr
General Information
- Standard status
- Active
- Size
- 15,000 SF
Listing office Keller Williams Realty Augusta (706) 830-4148
Listing date Feb 13, 2025
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Over 15,000 sq ft of usable commercial office space.
- Prime location with easy access to I‑20, Bobby Jones Expressway, shopping, dining, and Ft. Eisenhower.
- 80 parking spaces available.
Local Financial Insights For Office B
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 | $360.0k | $24.00 |
| − Vacancy | −$54.0k | −$3.60 |
| EGI | $306.0k | $20.40 |
| − OpEx | −$76.5k | −$5.10 |
| NOI | $229.5k | $15.30 |
