For Sale $240,000
Property Type Retail - Strip
Property Size 4,080 SF
Units 3
Lot Size 0.39 Acre
Property Tenancy Multi-Tenant
Year Built 1956
Year Renovated 1970
Date Updated Apr 3, 2024

Located near the intersection of Lumpkin Road and Richmond Hill Road, this retail center is just a short drive away from Fort Gordon and Augusta Technical College. It is minutes away from Bobby Jones Expressway and other large shopping centers and residential neighborhoods in the area. This site is in a very highly visible spot with close to 13,000 cars passing by daily.New five year lease signed - Great 100% occupied income property. Plenty of upside for rent growth as third lease is paying well below market rate. Turn key investment with management in place. Directly across from old golf course that is being proposed for new residential/multifamily development. Unit B is paying substantially below market rents. Unit A and C have new leases signed at higher rates. Unit C has a new five year lease with a tire shop. Space was previously a U-Haul franchise.A single 960 square foot completely remodeled retail space available. The space is currently being used as a salon space. Meadows Plaza offers a variety of different spaces available for a variety of users. This is the perfect place for someone looking for a salon space or general retail space.

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Attachments

Meadows_Plaza_Income_Property.pdf (PDF) opens in new window

Contacts

Joe Edge, SIOR, CCIM

Sherman & Hemstreet Real Estate Company

(706) 288-1077

Location

Getting Around

Walk Score ®
49/100 Car-Dependent
Bike Score ®
38/100 Somewhat Bikeable

Map
Street

City Augusta, GA
Neighborhood Richmond Hill
Zip Code 30906
Market Augusta

Points of Interest

CK

0.88 miles
Shell

1.20 miles
RaceWay

1.77 miles
BP

2.52 miles
In-N-Out

2.73 miles
Exxon

2.81 miles
Shopper's Stop

2.91 miles
Sprint

2.94 miles
Phillips 66

3.08 miles
Citgo

3.28 miles

117

3.70 miles
114

3.74 miles
113

3.75 miles
116

3.78 miles
118

3.78 miles
112

3.80 miles
110

3.80 miles
119

3.82 miles
111

3.82 miles
120

3.83 miles

Sconyers Bar-B-Que

0.75 miles
Applebee's Grill & Bar

0.84 miles
Applebee's

0.84 miles
Happy House

0.88 miles
Captain D's

1.55 miles
McDonald's

1.55 miles
New Chan Express Chinese

1.59 miles
Checkers

1.60 miles
Waffle House

1.64 miles
Waffle House

1.66 miles

Food Lion

0.77 miles
Walmart Supercenter

1.76 miles
Bi-Lo

3.48 miles
Walmart Neighborhood Market

3.68 miles
Food Lion

3.79 miles
Walmart Supercenter

3.85 miles
Dillard's

3.86 miles
Sears

3.88 miles
JCPenney

4.03 miles
Fort Gordon Post Exchange

5.96 miles

Frequently Asked Questions

What is the lease rate for Meadows Plaza?

Rental asking rate at Meadows Plaza is $120,000.00/YR.

What is the total square footage of Meadows Plaza?

Meadows Plaza totals 4,080 square feet.

When was this property built?

Meadows Plaza was built in 1956.

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