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2044 Forward Augusta Dr

298,155 SF 100% Leased 4-Star Industrial Building Augusta, GA 30906 $32,610,786 CAD ($109 CAD/SF) 6% Cap Rate

Investment Highlights

  • Class A Industrial Warehouse
  • Fully leased with 2% escalations in two of the three leases
  • Excellent tenant mix

Executive Summary

This is one of the highest quality industrial warehouses in Augusta, Georgia. The building is 28 feet clear in height with 40 x
50 column spacing. The building contains 8,500 sq. ft. of finished office space, break areas, bathrooms and open areas. The
building has 26 loading docks, 5 rail doors and two on grade doors. The building has a very heavy power plant with 4,000
AMP 480/277V and new T-5 / T-8 lighting. The building is equipped with an ESFR Sprinkler System. The dimensions of the
warehouse are 651' 4" deep and 481' 6" wide. The complex has 200 parking spaces and 18 tractor trailer spaces.

Property Facts

Price $32,610,786 CAD
Price Per SF $109 CAD
Sale Type Investment NNN
Cap Rate 6%
Property Type Industrial
Property Subtype Warehouse
Building Class A
Lot Size 20.39 AC
Rentable Building Area 298,155 SF
No. Stories 1
Year Built 1994
Parking Ratio 0.67/1,000 SF
Clear Ceiling Height 28 ft
No. Dock-High Doors/Loading 26
No. Drive In / Grade-Level Doors 3

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1570045040
Land Assessment
$229,131 CAD
Improvements Assessment
$4,160,893 CAD
Total Assessment
$4,390,024 CAD

zoning

Zoning Code HI (HI Heavy Industrial)
HI (HI Heavy Industrial)
  • Listing ID: 31339616

  • Date on Market: 2024-03-27

  • Last Updated:

  • Address: 2044 Forward Augusta Dr, Augusta, GA 30906

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