Single Ten. NNN-Leased Ind. Investment | 93K SF | Augusta (GA)

For Sale

1634 Olive Rd, Augusta, GA 30904

This Augusta property for sale is located at 1634 Olive Rd. The current listed sale price for Single Ten. NNN-Leased Ind. Investment | 93K SF | Augusta (GA) is $4,249,000. Single Ten. NNN-Leased Ind. Investment | 93K SF | Augusta (GA) is situated on a lot that is 5.41 acre in size.

Contacts

broker

Jonathan Aceves

Meybohm Commercial Properties

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 92,892 SF
  • Lot Size 5.41 Acre
  • Additional Rent Contact for pricing
  • Year Built 1965
  • Date Updated Sep 13, 2024
  • HVAC None
Located at 1634 Olive Rd in Augusta, GA, this industrial property offers excellent logistical advantages. The site is conveniently situated just 6.4 miles from I-20 Eastbound, providing quick access towards Columbia, SC, and 8.3 miles from I-20 Westbound, leading towards Atlanta, making it a prime location for regional distribution. Additionally, the property is only 2.5 miles from I-520 (Bobby Jones Expressway), enhancing connectivity within the Augusta metropolitan area and providing direct routes to major interstate systems. This strategic positioning places the property within 180 miles of both the Port of Charleston and the Port of Savannah, two of the busiest and most critical ports in the Southeastern United States. This proximity to major maritime hubs offers significant advantages for companies involved in import/export activities, providing efficient access to national and international markets. The combination of easy highway access and proximity to key transportation infrastructures makes this property ideal for logistics, distribution, and manufacturing operations seeking to optimize their supply chain efficiency.The Finem Group at Meybohm Commercial is proud to exclusively present this industrial investment opportunity located at 1634 Olive Road, Augusta, GA. The 92,892 SF facility is fully leased to Clover Environmental Solutions, LLC, a multinational remanufacturer of printers and electronics, under a corporate-guaranteed lease. With less than three years remaining on the current lease, the $3/SF rate is below the market average of approximately $4/SF, offering an attractive value-add opportunity in a market with limited warehouse inventory. Following Clover’s acquisition of America’s Remanufacturing Company (ARC), Clover now occupies the property as a tenant. Lease terms were negotiated as part of the business sale, not at arm's length. The tenant has given indication that they intend to remain long-term and are currently renovating the office space at their own cost. The landlord is responsible solely for the roof, structure, and foundation. Key property features include a newly installed TPO roof with a 20-year warranty (expiring in 2043), active sprinkler systems, LED lighting throughout, and 19' clear heights. The facility offers 25' x 30' column spacing, six covered dock doors on one side, and two on the other. A railroad spur further enhances its logistical capabilities. Additional amenities include a new security camera system, an explosion-proof room, multiple office spaces—including a two-story primary office, a warehouse operations office, and a smaller office in the southeast corner—and 240 3-phase power, providing ample support for heavy-duty industrial operations.

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Highlights

  • Substantially below market rents in high-demand/low-supply market. (Market Rate ~$4/SF).
  • Short lease term remaining and high likelihood of being able to negotiate much higher renewal.
  • Leased at $3/SF NNN to Clover Environmental Solutions (Corporate Guarantee/Multinational Corp.).
  • 92,000 SF industrial property with recent TPO roof and active sprinklers.
  • Brand new roof with 20-year warranty.
  • Tenant currently renovating the office space at their own cost (Likely to stay long-term).
  • Features include 19' clear heights, 25' x 30' column spacing, and 240 3-phase power.
  • Equipped with 8 dock doors in total: 6 dock doors on one side and 2 on the other.
  • Additional amenities: explosion-proof room, new camera/security system, LED lighting.
  • Railroad spur and multiple office spaces for operational efficiency.
  • High-demand market with limited warehouse supply in Augusta, GA.

Attachments

Getting around

  • 25/100

    Walk Score ®

  • 58/100

    Bike Score ®

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Location

  • City Augusta, GA
  • Neighborhood Pendelton King
  • Zip Code 30904
  • Market Augusta

Points of Interest

  • Shopper's Stop

    0.15 miles

  • Phillips 66

    0.55 miles

  • Shell

    1.18 miles

  • Shell

    2.26 miles

  • CK

    2.43 miles

  • Bryants Express

    2.74 miles

  • Exxon

    3.32 miles

  • Smart Gas

    3.36 miles

  • Shell

    3.50 miles

  • Circle K

    4.11 miles

  • Lulus Car Wash

    3.53 miles

  • Tidal Wave Auto Spa

    3.98 miles

  • Enterprise

    4.42 miles

  • Wash-N-Go

    4.92 miles

  • Hertz

    5.30 miles

  • Magic Mike Auto Detailing

    5.87 miles

  • Sparkle Express Car Wash

    6.05 miles

  • Top Notch Express

    6.15 miles

  • Martinez Self Service Car Wash

    6.43 miles

  • Top Notch Car Wash

    8.86 miles

  • Beck's

    0.88 miles

  • Timbuktu Cafe

    1.16 miles

  • Wendy's

    1.28 miles

  • Dunkin'

    1.34 miles

  • Burger King

    1.39 miles

  • Waffle House

    1.43 miles

  • Checkers

    1.47 miles

  • New Chan Express Chinese

    1.48 miles

  • Captain D's

    1.51 miles

  • McDonald's

    1.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jonathan Aceves

Meybohm Commercial Properties