Augusta Strip Center Multi-Tenant Asset Augusta Georgia

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Sands Investment Group is Pleased to Exclusively Offer For Sale the 24,990 SF Augusta Strip Center Asset Located at 1633 Gordon Highway in Augusta, GA. This Deal Includes a 100% Occupied Center With a Local Tenant Mix That Provides For Potential Rent Growth and Appreciation.

• Located in Augusta, Georgia, Home of the Master’s Tournament
• 31,184 Vehicles Per Day on Main Thoroughfare Shadow Anchored By Harvey’s Supermarket, Roses and Dollar tree
• 100% Occupied Center Providing For a Stable Investment
• Shadow Anchored By U-Haul Self Storage
• Local Tenant Mix Provides For Potential Rent Growth and Appreciation
• Newly Signed Leases Showing Current Market Demand

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

 

• Value-Add Opportunity to Redevelop with a National Retail Concept
• Circle K Paying Rent Until July 2019
• Strong Visibility from Windsor Spring Rd with Traffic Counts of 24,000 Vehicles Per Day and Approximately 1.5 Miles from Interstate 520 with High Traffic Counts of 67,500 Vehicles Per Day
• 130 Feet of Frontage
• Potential for Added Acreage with Corner Parcel
• Tank Closure Report Declaring Clean Property
• Located in Close Proximity to CVS, Family Dollar, Local Shopping Center and Residential Development

 

• Absolute Triple Net (NNN) Lease with 7+ Years Remaining
• 2% Annual Rent Increases
• 3 x 5 Year Options to Renew
• 10 Year Operating History at Current Location
• Corporate Guarantee by TMX Finance
• TMX Finance is One of the Largest, Fastest Growing and Most Profitable Consumer Specialty Finance Companies in the U.S.
• Strategically Located Right off Interstate 520 with Over 66,000 Cars Per Day
• Population of Over 109,000 Within a 5-Mile Radius
• Nearby Retailers Include CVS, Walgreens, Lowe’s, Advance Auto Parts, Dollar General, Dollar Tree, McDonald’s, Taco Bell and Chick-fil-A

In Cooperation with Sands Investment Group Atlanta, LLC Lic # H-67374

 

• Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
• 19 Years on Lease Remaining
• 7.5% Rent Escalations Every 5 Years
• New Construction Completed November 2015
• Strong Operator: Bojland Restaurant Group, Inc. Operates 10 Bojangles’ Locations
• Bojland Restaurant Group, Inc. Awarded “Outstanding Small Operator of the Year” by Bojangles’ Corporate in 2015
• Strong Visibility from Mike Padgett Highway and Tobacco Road
• Neighboring Tenants Include: Augusta Regional Airport, Sonic, Food Lion and Family Dollar, RBW Logistics Center and Solvay Advanced Polymers