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1046 Stevens Creek Rd Augusta, GA 30907

Sponsored
For Sale
$2,750,000

High-Yield Office Building, 100% Occupied

Property size:
15,066 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Augusta, GA investment opportunity presents a 15,066 square foot, two-story Class B office building, currently 100% occupied by a credit-rated national tenant, MAG Aerospace, under a NNN lease commencing October 11, 2019. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $190,000. Situated on a 3-acre lot with ample parking (90 spaces), the building features modern amenities including bathrooms and break rooms on both floors, a raised floor data room, and a large training room. The property includes additional land for potential expansion and is strategically located on Stevens Creek Road, offering high visibility from I-20 at the corner of Stevens Creek and Claussen Roads in the thriving Martinez area (zip code 30907). Built in 1973, this secure building is equipped with state-of-the-art technology and is zoned B-2. The property comprises three parcels: part of 012-0-014-01-0, all of 012-0-014-04-0, and 012-0-012-00-0. A survey is underway to mark property corners. Note that interior photos predate the current tenant's occupancy. Asking price is $2,750,000, translating to $182.53 per square foot. This presents a compelling investment opportunity with current income and significant future growth potential.

Property Features for 1046 Stevens Creek Rd

General Information

Property type
Medical offices
Square Feet
15,066 SF
Class
B
Lot Size
130,680 SF

Building Details

Year Built
1973
Buildings
1
Stories
2

Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Augusta
County
Richmond
State
Georgia
Longitude
-82.041927545635
Latitude
33.515025765835

FAQs

What type of property is this?
Medical office - High-Yield Office Building, 100% Occupied
Where is this medical office located?
The property is located at 1046 Stevens Creek Rd Augusta, GA.
What is the asking price?
The asking price for this property is $2,750,000.
More about this property
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