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Fully Leased Augusta Shopping Center

2658 Barton Chapel Rd Augusta, GA 30906

2658 Barton Chapel Rd, Augusta, GA, 30906
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6,000 SF shopping center with below-market leases and upside.

Property Size6,000 SF
Price / SF$133.17
AddedFeb 21
Days on Market144
Last RefreshJul 14 at 3:24 am

Property Features for 2658 Barton Chapel Rd

General Information

Standard status
Active
Size
6,000 SF
Property subtype
Retail

Listing office Sherman & Hemstreet Real Estate Company

Listing date Feb 21, 2026

Source Crexi

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 Real Estate Company


Investment Insights

Based on property information with market context.

This 6,000 square foot shopping center is located in South Augusta. The property features three units, all currently leased below market rates. Suite A, the main 3,600 SF grocery store space, was recently re-leased in less than 45 days after the previous operator retired on 12/31/25. Suite C is occupied by a church since March 2025, which recently expanded and extended their lease to include Suite B. All leases include annual increases to the base rental rate. The grocery store tenant operates under a NN lease, covering 60% of the property tax, insurance, and water bill, while the church pays 40% of the water bill. The site includes a large parking lot and excess land. A new monument sign was installed in February 2026. The property is situated on Barton Chapel Rd, just off Deans Bridge Rd, and is minutes from the Deans Bridge Walmart Supercenter and I-520. Its central location in Augusta provides convenient access to the Augusta Exchange, Washington Crossing, Perimeter Square, and Downtown Augusta. Lease rates are at least 20% below market, offering substantial upside potential.

Key Highlights

  • Fully leased shopping center with below‑market lease rates, offering significant upside potential.
  • Rapid re‑leasing of the main grocery store space (3,600 SF) in under 45 days.
  • Leases include annual rent increases.

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 8.37%
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 16.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Oriental Foods and Gifts Grocery & Convenience Store Oriental Food & Gift ... (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center HVAC Service Parking Lot & Garage Pharmacy Electrical Service Restaurant

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

Similar Off Market Nearby

  • Deans Bridge Center — 3355 Deans Bridge Rd, Augusta, GA 30906
  • Coin Cloud Bitcoin ATM — 3546 Deans Bridge Rd, Hephzibah, GA 30815
  • Barton Chapel Plaza — 2664 Barton Chapel Rd, Augusta, GA 30906

FAQs

What type of property is this?
Shopping center - 6,000 SF shopping center with below-market leases and upside.
Where is this shopping center located?
The property is located at 2658 Barton Chapel Rd Augusta, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully leased shopping center with below‑market lease rates, offering significant upside potential.; Rapid re‑leasing of the main grocery store space (3,600 SF) in under 45 days.; Leases include annual rent increases.
Contact an agent
(706) 288-1077 Call to check price and availability
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