Guitar Center

804-808 Cabela Drive, Augusta, GA
Deal Type:
Net Lease
Price:
$2,992,701
Cap Rate:
6.85%
Current Rent:
$205,000
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof & structure
Lease Expiration Date:
Approx. 12+ years
Renewal Options:
Two, 5-year options
Building Sq. Ft.:
10,000
Rent Increases:
10% annual increase every 5 years
  • guitar center stream capital partners
  • guitar center stream capital partners
  • guitar center stream capital partners
  • guitar center stream capital partners

Investment Highlights

  • Long term corporate guaranteed lease with 12 years remaining on lease
  • Brand new construction on +/- 1.16 acres with 10,000 SF retail building
  • 1.5 miles from Augusta National Golf Club- home of The Masters Golf Tournament
  • High visibility from I-20 and prime frontage along Cabela Drive with two strong signage opportunities
  • Located within Augusta‚Äôs first regional mixed-use development/lifestyle center the Village at Riverwatch, containing 25 acres of retail, and currently anchored by Costco Wholesale, Riverwatch 14 Cinemas, and Cabelas

Listing Agents

Adam Baxter

Vice President
2053943520
abaxter@stream-cp.com

Adam English

Managing Director
2566949803
adam@stream-cp.com

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