Catylist ID:
#30605376
Catylist Listing ID: | 30605376 |
Property Subtypes: | Street Retail, Other |
Building Size (RSF): | 149,897 SF |
Gross Building Area: | See Agent |
Gross Land Area: | 10 SF |
Sale Price: | $6,000,000 |
Unit Price: | $40.03 PSF |
Property Use Type: | Investment |
Building Name: | Augusta Plaza |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 1/19/2021 |
Overview / Comments
Three-building, 149,897± sf multi-tenanted retail center on 10± acres located at a signalized intersection 85,808± SF anchor opportunity 392 parking spaces Traffic counts in excess of 20,000± vehicles per day Significant cash flow from existing tenants $2.26/SF NNN effective rent for owner-user or 15%+ cap rate return for developers. Sale Price: $6,000,000 ($40/SF) |
Attachments & Media
Additional Details
Nearest MSA: | Augusta-Waterville |
County: | Kennebec |
Submarket/Township: | Waterville/Augusta |
Submarket Type: | Central Business District |
Taxing Authority: | City of Augusta |
Tax ID/APN: | Map 27, Lots 195 & 195-1 |
Zoning: | CB |
Retail Clientele: | General, Family, Business, Tourist, Recreation, Other |
Property Visibility: | Excellent |
Largest Nearby Street: | Western Avenue |
Feet of Frontage: | 317 |
Traffic/Vehicle Count: | 20,000 |
Highway Access: | Minutes from I-95 |
Airports: | Augusta State Airport |
Tenancy: | Multiple Tenants |
Total Number of Buildings: | 3 |
Number of Stories: | 2 |
Year Built: | 1962 |
Year Renovated: | 2000 |
Construction/Siding: | Concrete, Metal Siding |
Total Parking Spaces: | 392 |
Parking Type: | Surface |
Heat Type: | Natural Gas, Oil |
Air Conditioning: | Engineered System |
Zoning Description: | CB - Local Business District |
Lot Frontage: | 317 |
Water Service: | Municipal |
Sewer Type: | Municipal |
Legal Description: | 5464/48 |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 6,698 | 18,925 | 29,336 |
Median Age: | 41.21 | 44.21 | 43.87 |
Households: | 3,368 | 8,802 | 13,174 |
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