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1634 Olive Rd
Augusta, GA 30904

$4,249,000 USD

Distribution For Sale  •  92,892 SF

Property Details

  • Property Type Distribution
  • Total Building Size 92,892 SF
  • Lot Size 5.57 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 6.55 %
  • Tenancy Single
  • Zoning LI
0 Transit Score
18 Walk Score

Highlights

Substantially below market rents in high-demand/low-supply market. (Market Rate ~$4/SF).
Short lease term remaining and high likelihood of being able to negotiate much higher renewal.
Leased at $3/SF NNN to Clover Environmental Solutions (Corporate Guarantee/Multinational Corp.).
92,000 SF industrial property with recent TPO roof and active sprinklers.
Brand new roof with 20-year warranty.
Features include 19' clear heights, 25' x 30' column spacing, and 240 3-phase power.

Property Flyers

Cap Rate: 6.55 %

Amenities

  • Fenced Lot
  • Security System
  • Signage

Public Transportation

AirportDriveWalkDistance
Augusta Regional at Bush Field 18 min - 7.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
John Eckley 706-305-0054 Meybohm Commercial Properties
John Eckley 706-305-0054 Meybohm Commercial Properties