404 Martintown RdNorth Augusta, SC 29841

Property Details for 404 Martintown Rd

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.40 AC

Property size (Sq ft)

22,182 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

007-11-05-049

APU

71105049

Description

This exceptional 70,000 square foot Class B neighborhood retail center, located at 404 E Martintown Rd, North Augusta, SC 29841 (APN: 007-11-05-050, 007-11-05-049), presents a prime opportunity for businesses seeking high-visibility locations. Currently boasting a strong tenant mix including Tires Plus, Great Clips, Metro Mobile, Republic Finance, Regional Finance, Sunrise Grill, and Burger King, the center offers immediate access to a thriving market. With 2,000 square feet of vacant space currently available, along with larger spaces ranging up to 32,600 square feet, this property caters to a variety of business needs. The center benefits from its strategic location in North Augusta's main retail hub, enjoying high traffic counts on E Martintown Road (21,400 vehicles per day) and Knox Avenue (16,000 vehicles per day). Its excellent visibility and accessibility make it an ideal location for businesses seeking to tap into the significant shopping activity within this trade area, which serves a substantial portion of North Augusta's retail needs. Opportunities exist for both retail spaces and outparcel leases. The property includes space suitable for an anchor tenant and a junior anchor tenant. This is a rare chance to secure a space in a well-established, high-traffic retail center in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,903,932

  6.5%

  $4,526,707

  7%

  $4,203,371

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,090,132

  Geo Method

  $4,602,135

• Alternative Use

  Use

  Valuation

  Residential

  $3,818,447

  Hospitality

  $3,497,677

  Educational

  $2,910,026

  Medical

  $3,010,106

  Retail

  $4,526,707

Location Insight

City

North Augusta

County

Aiken

State

South Carolina

Latitude

33.4959

Longitude

-81.9606

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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