3026A Washington Rd, Augusta, GA 30907
Centrally located restaurant with Interstate access and high traffic.
- Added:
- Nov 22, 2023
- Days on Market:
- 959
- Last Refresh:
- May 12 at 11:37 pm
Property Features for 3026A Washington Rd
General Information
- Standard status
- Active
- Size
- 3,132 SF
- Property subtype
- Hospitality, Office, Retail
Building Details
- Year Built
- 1974
Listing office D.C. Lawrence Commercial Real Estate (706) 825-4376
Listing date Nov 22, 2023
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 D.C. Lawrence Commercial Real Estate
HighLights
- Centrally located restaurant attached to a hotel.
- Convenient Interstate 20 access.
- High traffic count.
- Subject to a five‑year lease.
- Rental income potential (call for details).
- Built in 1974.
Overview
Local Financial Insights For Specialty 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 | $51.9k | $16.56 |
| − Vacancy | −$2.8k | −$0.89 |
| EGI | $49.1k | $15.67 |
| − OpEx | −$12.3k | −$3.92 |
| NOI | $36.8k | $11.75 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Map and Flag Club — 2715 Washington Rd, Augusta, GA 30909
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Columbia
- State
- Georgia
- Longitude
- -82.0469063
- Latitude
- 33.5114913
