Overview
- Updated On:
- March 14, 2024
- 51,250.00 ft2
Description
***FAVORABLE ASSUMABLE DEBT | 3.625% Rate
Net Operating Income= $610,019
Single-Tenant NN Lease by IGS Energy | Corporate Guarantee
3% Annual Escalations | Approx. 5 Years of Term Remaining | Tenant has Occupied Property for 20+ Years
Significant CapEx Renovations in 2021 | Roof & HVAC Replacement |New Exterior Paint & Landscaping
Dominion has Investment Grade Credit (S&P: BBB+) & (Moody’s: Baa2)
Annual Escalations Allow for Hedge Against Inflation | One, 5-Year Option to Renew
Primely Located Just Off Whiskey Rd (38,600+ VPD) & Pine Log Rd Intersection (27,400+ VPD)
Located in Augusta, GA MSA | Second Largest MSA in Georgia
Home to the Masters Golf Tournament, U.S. Army Cyber Command, & Medical College of Georgia
Property Id: 20036
Property Size: 51,250.00 ft2
Building Size: 51,250 SF
Lot Size: 6.80 Acres
Year Built: 1991
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Ani Paulson
Team Lead | Senior Director Investments
Ani Paulson and her team, focus on the analysis and disposition of office/industrial & ...
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