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3208 Mike Padgett Hwy
Augusta, GA 30906 Old Savannah

$3,560,000 USD

Self Storage For Sale  •  15,000 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 54,139 SF
  • Lot Size 5.43 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 6.50 %
  • Zoning Light Industrial
30 Walk Score

Highlights

93% unit occupancy and 98% SF occupancy at a stabilized self-storage facility
Listed at $65.75/rentable SF — attractive basis below replacement cost
Going-in 6.50% cap rate with below-market rental rates offering upside
Over 16,900 vehicles per day passing the property
Recent capital improvements completed at both property locations
Fort Eisenhower anchors demand with 16,000+ military personnel nearby
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Augusta Lock Storage
E T Industrial Supply Co, Inc
U-Haul

Public Transportation

AirportDriveWalkDistance
Augusta Regional at Bush Field 12 min - 4.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Austin McLeod 678-576-1780 Matthews™
Austin McLeod 678-576-1780 Matthews™