3422 Wrightsboro RdAugusta, GA 30909

Property Details for 3422 Wrightsboro Rd

Year built

1989

Lot size

1.13 AC

Property size (Sq ft)

9,040 SF

Zone code

B-2

Property type

Land

Property subtype

Commercial land

APN

041-4-039-00-0

APU

414039000

Description

This exceptional 8,960 square foot shopping center in Augusta, Georgia presents a compelling investment opportunity. Boasting a 6.75% cap rate and a 100% occupancy rate, the property generates a substantial net operating income (NOI) of $272,914. Anchored by established tenants including Starbucks and AT&T, three of the four units have enjoyed long-term occupancy (15+ years). The center benefits from a strong tenant mix, considered internet-resistant, and is strategically located on Wrightsboro Road, a major thoroughfare with over 32,000 vehicles passing daily, complemented by nearby high-traffic roadways exceeding 97,000 vehicles daily. Built in 1989 and renovated in 2006, this single-story building sits on a 1.12-acre lot. The property features four units and offers scheduled rent increases for several tenants, promising future income growth. Situated in a thriving market fueled by key economic drivers such as Fort Gordon, Amazon, the Medical College of Georgia, and the Masters Tournament, this investment offers stability and significant upside potential. The asking price is $4,043,000, translating to $451.23 per square foot. The property's strong performance and prime location make it an attractive addition to any portfolio. Property details include a parcel number (APN) of 041-4-039-00-0.

• Alternative Use

  Use

  Valuation

  Residential

  $1,556,161

  Hospitality

  $1,425,435

  Educational

  $1,185,945

  Medical

  $1,226,732

  Retail

  $1,844,804

Location Insight

City

Augusta

County

Richmond

State

Georgia

Latitude

33.4675

Longitude

-82.0776

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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