3128 Deans Bridge Rd | Augusta, GA 30906
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3128 Deans Bridge Rd
Augusta, GA 30906
Miller Motte Center · Retail Property For Sale
Investment Highlights
- Property located on one of the primary commercial corridors in the Augusta, GA market
- Conveniently located near Fort Eisenhower, the home of Army Cyber Command and NSA’s regional facility
- Strong traffic counts with over 100,000 cars daily
Executive Summary
Miller-Motte College anchored shopping center
Multi Unit college operator, 11 campuses through Georgia, South Carolina, North Carolina, Oklahoma, and Tennessee
New location for Miller-Motte with a lease commencing in 2022
Miller-Motte recently committed to buildout a portion of the rear of their space to accomodate a couple of their technical programs. MMTC will commit to spend approximately $4,500,000 on this portion of their space.
The center is 97% occupied
Below market rents
Internet resistant tenant mix
Outparcel presents opportunity for an investor to retenant upon current Tenant’s lease expiration
Located along one of the trade area’s most heavily traveled intersections with traffic counts of over 25,000 Vehicles Per Day
Multi Unit college operator, 11 campuses through Georgia, South Carolina, North Carolina, Oklahoma, and Tennessee
New location for Miller-Motte with a lease commencing in 2022
Miller-Motte recently committed to buildout a portion of the rear of their space to accomodate a couple of their technical programs. MMTC will commit to spend approximately $4,500,000 on this portion of their space.
The center is 97% occupied
Below market rents
Internet resistant tenant mix
Outparcel presents opportunity for an investor to retenant upon current Tenant’s lease expiration
Located along one of the trade area’s most heavily traveled intersections with traffic counts of over 25,000 Vehicles Per Day
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
67,375 SF
Building Class
C
Year Built/Renovated
1986/2021
Price
$8,400,000
Price Per SF
$125
Cap Rate
8.22%
NOI
$690,565
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.30
Lot Size
5.17 AC
Zoning
B-1 - Business
Parking
307 Spaces
Frontage
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0960033000 | Improvements Assessment | $1,645,648 |
| Land Assessment | $119,295 | Total Assessment | $1,764,943 |
PROPERTY TAXES
Parcel Number
0960033000
Land Assessment
$119,295
Improvements Assessment
$1,645,648
Total Assessment
$1,764,943
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