1219 Wheeler PkwyAugusta, GA 30909

Property Details for 1219 Wheeler Pkwy

Year built

2009

Lot size

0.87 AC

Property size (Sq ft)

5,864 SF

Zone code

B-2

Property type

Land

Property subtype

Commercial land

APN

030-0-238-00-0

APU

300238000

Description

This exceptional Augusta, Georgia medical office portfolio offers 12,649 square feet across three buildings, situated on a 2.22-acre lot. The property boasts a pristine exterior and high-quality interior finishes. Currently 100% occupied by three tenants, including AU Health, Kindred at Home, and Laboratory Corporation of America Holdings, this portfolio provides a stable income stream with a 5.24% cap rate and a Net Operating Income (NOI) of $167,593. The portfolio includes four units in total, with three existing buildings and one vacant 2.22-acre build-to-suit lot, allowing for future expansion. The buildings are two stories, featuring a total of 26 parking spaces. The property is zoned B-2 and strategically located on West Wheeler Parkway, near Doctors Hospital and Augusta University Health's West Wheeler Complex, offering easy access to major interstates I-20 and I-520. This presents a rare opportunity to acquire a high-quality, low-maintenance medical office portfolio in a prime Augusta location. The property's strong tenant base, including national corporations, ensures long-term stability and potential for growth. The asking price is $3,200,000, with a price per square foot of $252.98. The lease type is modified, and tenant credit is secured by a corporate guarantee. The property's location provides convenient access to the broader Augusta market and surrounding areas. The APN numbers are 030-0-238-00-0, 030-1-013-00-0, 030-1-014-00-0, and 030-1-015-00-0.

Location Insight

City

Augusta

County

Richmond

State

Georgia

Latitude

33.481

Longitude

-82.098

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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