This property has sold.

Details: Retail

Asking Price: $3,141,000

Square Feet: 3,512 SF

Asking Cap Rate: 6.50%

NOI: $204,160

Lease Structure: Absolute NNN

SOLD – Steak ‘n Shake | Augusta

4329 Belair Frontage Rd, Augusta, GA 30909

Marketing Description

  • Approximately 15 years of lease term remaining
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Strong demographics and growth associated with Cyber Command at Ft Gordon Army Base
  • 20-year base term with 10% rental bumps every 5 years
  • Multi-unit operator



Investment Highlights

  • Fast Food vacancies within the market are nearly non-existent
  • Large tract of land at nearly 2 acres
  • Signalized corner just off I-20 (over 76,000 cars per day)
  • Dynamic daytime traffic generators between I-20, Fort Gordon, Doctors Hospital, ADP, T-Mobile, and Augusta’s primary professional submarket
  • Recently installed Tesla charging stations in parking lot

This property has sold.