QSR Redevelopment Pad 1720 Walton Way
842 SF Retail Building Augusta, GA 30904 $1,366,480 CAD ($1,622.90 CAD/SF)
INVESTMENT HIGHLIGHTS
- Significant Frontage | Drive-Thru Equipped
- Strong Demographics In 5-Mile Trade Area
- Augusta University | Wellstar MCG Health Medical Center | Augusta National Golf Club
EXECUTIVE SUMMARY
• The asset is drive-thru equipped and features frontage and prominent signage along Walton Way which sees 18,500 vehicles passing by daily
• The subject property is located approximately 1 mile from downtown Augusta
• Located in close proximity to Augusta University, which has a student population of over 7,400
• The asset is located less than 1 mile from Wellstar MCG Health Medical Center, a 520-bed hospital serving Augusta and surrounding areas
• The site is a 10 minute drive from Augusta National Golf Club, the home of the Master’s golf tournament, which brings in over $141 million during Master’s week
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including a McDonald’s, Starbucks, KFC, Dunkin’, Bojangles, Firehouse Subs, and more, further increasing consumer traffic to the site
• Strong tenant synergy promotes crossover shopping to the subject property
• More than 121,500 residents and 91,200 employees support the trade area
• $81,953 average household income
• The subject property is located approximately 1 mile from downtown Augusta
• Located in close proximity to Augusta University, which has a student population of over 7,400
• The asset is located less than 1 mile from Wellstar MCG Health Medical Center, a 520-bed hospital serving Augusta and surrounding areas
• The site is a 10 minute drive from Augusta National Golf Club, the home of the Master’s golf tournament, which brings in over $141 million during Master’s week
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including a McDonald’s, Starbucks, KFC, Dunkin’, Bojangles, Firehouse Subs, and more, further increasing consumer traffic to the site
• Strong tenant synergy promotes crossover shopping to the subject property
• More than 121,500 residents and 91,200 employees support the trade area
• $81,953 average household income
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
842 SF
Building Class
C
Year Built
2011
Price
$1,366,480 CAD
Price Per SF
$1,622.90 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
7 Spaces (8.31 Spaces per 1,000 SF Leased)
Frontage
93’ on Walton Way
AMENITIES
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0354584000 | Improvements Assessment | $130,242 CAD |
| Land Assessment | $68,370 CAD | Total Assessment | $198,611 CAD |
