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2601 Tobacco Road
Augusta, GA 30815
Asking Price
$569K
Cap Rate
7%
Asset Type
Storefront Retail
Class
Class B
What's Special
Recent Lease Extension | 25 Yr Operating History | Low Price Point <p><strong>INVESTMENT GRADE TENANT</strong></p><p>The Property is leased to Bridgestone Retail Operations, LLC, a subsidiary of Bridgestone Corporation, an investment-grade (S&P: A) global leader in tire and automotive services. The corporate-guaranteed lease structure provides secure and reliable income backed by a tenant with $29.6 billion in annual revenue.</p><p><strong>LONG-TERM TENANCY WITH RECENT LEASE EXTENSION</strong></p><p>Tires Plus has operated at this location since 2001, demonstra
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NOI
$80,000
Cap Rate
14.07%
DSCR
2.37
Strong
Cash-on-Cash
27.09%
Monthly Payment
$2,814.038
Annual Cash Flow
$46,231.546
