1330 Augusta W Pkwy, Augusta, GA
Modern office building suitable for owner-occupant with tenant income.
- Added:
- May 10, 2024
- Days on Market:
- 765
- Last Refresh:
- May 20 at 9:50 pm
Property Features for 1330 Augusta W Pkwy
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Lot size
- 1.60 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1330 Augusta W Pkwy Contact usListing agent Joe Edge
Listing office Sherman & Hemstreet - Augusta (706) 722-8334
Listing date May 10, 2024
Source Moodyscre
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
HighLights
- Prime location in Augusta, GA
- Income potential from existing tenant (Strayer University occupies 40%)
- Flexible layout divisible from 1,714 SF to 9,039 SF contiguous
- Ample parking with 137 spots
- Renovated in 2023 for contemporary appeal
- Multiple points of ingress/egress
Overview
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Augusta
- County
- Columbia
- State
- Georgia
- Longitude
- -81.9644
- Latitude
- 33.4577
