442 Park West Dr
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442 Park West Dr
4,024 SF Office Building Augusta, GA 30907 $1,204,849 CAD ($299 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Close to Fort Gordon and Interstate 20
- Plenty of parking available on-site
- Can be repurposed for a variety of users
Executive Summary
Brand new 5 year lease with three 5 year options to renew! Great income producing property with limited landlord responsibilities. New Tenant is an excellent credit Pharmaceutical Laboratory. Tenant is making improvements to the property as part of their tenancy. Roof is new and interior is being renovated by tenant. The building was previously used as a dialysis center. The layout includes a large open room with offices around the exterior walls.
Site is located just off of I-20 at the Belair Road exit. Fort Eisenhower is minutes away via Jimmie Dyess Parkway which connects directly to Park West Dr. Property is surrounded by retailers to include Cracker Barrel, McDonald's, Pilot Travel Center, multiple hotels, and several light industrial users. Area has high traffic counts and excellent demographics.
Site is located just off of I-20 at the Belair Road exit. Fort Eisenhower is minutes away via Jimmie Dyess Parkway which connects directly to Park West Dr. Property is surrounded by retailers to include Cracker Barrel, McDonald's, Pilot Travel Center, multiple hotels, and several light industrial users. Area has high traffic counts and excellent demographics.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,024 SF
Building Class
B
Year Built
1995
Price
$1,204,849 CAD
Price Per SF
$299 CAD
Cap Rate
5.75%
NOI
$69,296 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,024 SF
Building FAR
0.20
Lot Size
0.46 AC
Zoning
C1 - Commercial
Parking
20 Spaces (4.97 Spaces per 1,000 SF Leased)
Amenities
- Bio-Tech/ Lab Space
- Signage
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PROPERTY TAXES
| Parcel Number | 074A126 | Improvements Assessment | $226,371 CAD |
| Land Assessment | $74,577 CAD | Total Assessment | $300,949 CAD |
PROPERTY TAXES
Parcel Number
074A126
Land Assessment
$74,577 CAD
Improvements Assessment
$226,371 CAD
Total Assessment
$300,949 CAD
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442 Park West Dr
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