Catylist ID:
#30605376
| Catylist Listing ID: | 30605376 |
| Property Subtypes: | Street Retail, Other |
| Building Size (RSF): | 153,874 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 10 SF |
| Sale Price: | $6,000,000 |
| Unit Price: | $38.99 PSF |
| Property Use Type: | Investment |
| Building Name: | Augusta Plaza |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/11/2020 |
Overview / Comments
|
Three-building, 153,874± 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 $2.23/SF NNN effective rent for owner-user or 16%+ cap rate return for developers. Sale Price: $6,000,000 ($39/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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