For Sale
$2,750,000

1046 Stevens Creek RdAugusta, GA 30907

High-Yield Office Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
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 Details for 1046 Stevens Creek Rd

Property type
Office properties, Medical offices
Square Feet
15,066 SF
Class
B
Year Built
1973
Buildings
1
Stories
2
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Augusta
County
Richmond
State
Georgia
Latitude
33.515025765835
Longitude
-82.041927545635
1046 Stevens Creek Rd, Augusta, Georgia

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1046 Stevens Creek Rd
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