NNN Auto Shop
New
For Sale
$822,857
3059 Deans Bridge Road, Augusta, GA 30906
Leased automotive service property at a signalized corner with access to I-520 and Highway 78.
Property Size3,240 SF
Lot Size0.67 Acres
Days on Market6
Property Features for 3059 Deans Bridge Road
General Information
Standard status
Active
Size
3,240 SF
Lot size
0.67 Acres
Property subtype
Retail - Freestanding
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Amenities
signaled corner
large parking lot
Building Details
Building Size
3,240 SF
Year Built
1971
Year Renovated
2024
Units
1
Tenancy
Single
Listing Agency:
Sherman & Hemstreet Real Estate Company
Listed By:
Joe Edge, SIOR, CCIM
Source:
Commercialcafe
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 18 at 5:08AM
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 NNN property includes a well-maintained auto shop on a 0.67-acre corner site at Deans Bridge Road and Golden Camp Road in Augusta. Building improvements include a new roof completed in 2025 and an HVAC system installed in 2024, along with a large parking lot.
The property is positioned at a signalized intersection with frontage along Deans Bridge Road and access to I-520 and Highway 78. A new 10-year lease is in place with a regional auto glass company. The lease provides for no landlord responsibilities, personal and corporate guarantees, fixed rent during the first five years, and a 12% increase for years six through ten. Two additional five-year renewal options include the same 12% increase structure.
The property is positioned at a signalized intersection with frontage along Deans Bridge Road and access to I-520 and Highway 78. A new 10-year lease is in place with a regional auto glass company. The lease provides for no landlord responsibilities, personal and corporate guarantees, fixed rent during the first five years, and a 12% increase for years six through ten. Two additional five-year renewal options include the same 12% increase structure.
Key Highlights
- 0.67‑acre corner property at Deans Bridge Road and Golden Camp Road
- New 10‑year NNN lease with a regional auto glass company
- Landlord has zero responsibilities under the lease
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,093
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$721,860
$721.9K
Cap Rate 7%
$515,614
$515.6K
Cap Rate 9%
$401,033
$401.0K
Market Conditions
NOI Build-Up for 3,240 SF
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.
Gross rent
$53.7K $16.56/SF
− Vacancy
−$2.1K −$0.65/SF
EGI
$51.6K $15.91/SF
− OpEx
−$15.5K −$4.77/SF
NOI
$36.1K $11.14/SF
Area
Augusta, GA
Vacancy
3.90%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$721,860
Cap Rate 7%
$515,614
Cap Rate 9%
$401,033
Alternative Uses
Best Use
Retail
$515.6K
$451.2K – $601.6K
NOI $36,093 @ 7.0% cap · market cap 4.39%
Second Best
Industrial
$291.4K
$255.0K – $340.0K
NOI $20,398 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$1.02M
$894.8K – $1.19M
NOI $71,587 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 30906, GA
58,458
Population
24,663
Households
2.4
Avg Household Size
37
Median Age
12%
College-Educated
85%
High-School Grad
86.7 sq mi
ZIP Area
674
Density / Sq Mi
$46,159
Median Household Income
$29,218
Median Earnings
$1,051
Median Rent
$115,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Leased automotive service property at a signalized corner with access to I-520 and Highway 78.
Where is this nnn property located?
The property is located at 3059 Deans Bridge Road Augusta, GA.
What is the asking price?
The asking price for this property is $822,857.
What are key features of this property?
This property features: 0.67‑acre corner property at Deans Bridge Road and Golden Camp Road; New 10‑year NNN lease with a regional auto glass company; Landlord has zero responsibilities under the lease
