Spacious Renovated Office Near
2822 Hillcreek Dr, Augusta, GA 30909
Extensive, renovated office space with modern amenities and convenient location.
Property size:
15,000 SFPrice / SF:
$186/SF- Added:
- Feb 13, 2025
- Days on Market:
- 472
- Last Refresh:
- Apr 5 at 8:13 pm
Property Features for 2822 Hillcreek Dr
General Information
- Standard status
- Active
- Size
- 15,000 SF
Listing agent Jennifer Banks License #351824
Listing office Keller Williams Realty Augusta (706) 868-3772
Listing date Feb 13, 2025
Source Exprealty
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 Keller Williams Realty Augusta
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.
- Recently renovated with new paint and carpet throughout.
- New roof completed on July 19, 2024.
- Includes 15 individual offices, 8 bathrooms, and 2 conference rooms.
Overview
This commercial office space, located off Wheeler Rd and Augusta West Parkway, offers convenient access to I-20, Bobby Jones Expressway, shopping, dining, and Ft. Eisenhower. The property features over 15,000 square feet of usable space, including 15 individual offices, 8 bathrooms, and 2 conference rooms. Several large break areas are also included. The property provides 80 parking spaces. A new roof was completed on July 19, 2024. The office has been recently renovated with new paint and carpet throughout the building. Modern furniture and cubicles are available, with most conveying with the sale of the property.
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 |
15,000 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.28M
$2.87M – $3.83M
NOI $229,500 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.73M
$4.14M – $5.52M
NOI $331,422 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
University Physicians Central ...
Medical Group
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Columbia
- State
- Georgia
- Longitude
- -82.0918
- Latitude
- 33.4795
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Extensive, renovated office space with modern amenities and convenient location.
Where is this office units located?
The property is located at 2822 Hillcreek Dr Augusta, GA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 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.
