2044 Forward Augusta Dr
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2044 Forward Augusta Dr
298,155 SF 100% Leased 4-Star Industrial Building Augusta, GA 30906 £18,181,835 (£61/SF) 6% Net Initial Yield
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.
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 | £18,181,835 | Rentable Building Area | 298,155 SF |
| Price Per SF | £61 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1994 |
| Net Initial Yield | 6% | Parking Ratio | 0.67/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 28 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 26 |
| Building Class | A | Level Access Doors | 3 |
| Lot Size | 20.39 AC |
| Price | £18,181,835 |
| Price Per SF | £61 |
| Sale Type | Investment NNN |
| Net Initial Yield | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 20.39 AC |
| Rentable Building Area | 298,155 SF |
| Number of Floors | 1 |
| Year Built | 1994 |
| Parking Ratio | 0.67/1,000 SF |
| Clear Ceiling Height | 28 ft |
| No. Dock-High Doors/Loading | 26 |
| Level Access Doors | 3 |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 1570045040 | Improvements Assessment | £2,323,995 |
| Land Assessment | £127,977 | Total Assessment | £2,451,972 |
PROPERTY TAXES
Parcel Number
1570045040
Land Assessment
£127,977
Improvements Assessment
£2,323,995
Total Assessment
£2,451,972
zoning
| Zoning Code | HI (HI Heavy Industrial) |
| HI (HI Heavy Industrial) |
-
Power Broker Charles W. Hock III, SIOR -
Sherman & Hemstreet Real Estate Company
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2044 Forward Augusta Dr
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