Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant office fully leased by UPS Supply Chain Solutions, Inc. Located in Aiken, South Carolina, the building totals 51,250 square-feet and is situated on 4.49 acres. The building recently underwent significant capex repairs, including roof & HVAC replacements, and has a warranty on the roof until 2029. The tenant, UPS, is on a corporate NN lease with approximately 3 years of term remaining, 2% annual escalations, and no remaining options to renew. UPS has investment grade credit ratings of A (S&P) & A2 (Moody’s), and has occupied the subject property for 20+ years. The property is strategically positioned in Centennial Park, with other corporate tenants including Dominion Energy & Ahh Sunshine, in addition to the immediate surrounding area featuring numerous national retailers. Augusta, Georgia is home of Augusta National Golf Club, where the Masters Tournament is played each year. The Augusta-Richmond County metro consists of seven counties: Burke, Columbia, Lincoln, McDuffie and Richmond counties in Georgia, and Aiken and Edgefield counties in South Carolina. There are roughly 620,000 residents in the market, and the region is projected to add 31,000 people and 14,000 households over the next five years. The consolidated city-county of Augusta-Richmond contains approximately 202,500 citizens.