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144 Sweetwater Rd

19,759 SF Industrial Building North Augusta, SC 29860 $9,379,600 ($475/SF) 6.25% Cap Rate

Investment Highlights

  • Located within close proximity to Augusta National Golf Club
  • Frito-Lay is an American subsidiary of PepsiCo (S&P Credit Rating: A+), which is ranked 46th on the Fortune 500 list.
  • The subject property is a product exchange center located off of Highway 25 and I-20 within easy reach of major Southeastern hubs

Executive Summary

We are pleased to present a newly constructed investment property located at 144 Sweetwater Rd in North Augusta, SC. The property is leased to Frito-Lay, an American subsidiary of PepsiCo., under a 10-year, passive, Industrial NNN lease with 2% annual rent escalations. Designed to meet high-demand logistics needs, the 19,759 SF building sits on 5 acres and boasts 20 dock doors, extensive outdoor storage, abundant truck parking spaces and close proximity to Interstate 20 and Highway 25.

Property Facts Under Contract

Price $9,379,600
Price Per SF $475
Sale Type Investment
Cap Rate 6.25%
Property Type Industrial
Lot Size 4.49 AC
Rentable Building Area 19,759 SF
No. Stories 1
Year Built 2024
Tenancy Single

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
126-00-03-020-000
Land Assessment
$30
Improvements Assessment
$0
Total Assessment
$30
  • Listing ID: 32786135

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 144 Sweetwater Rd, North Augusta, SC 29860

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