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1104 Gray Hwy
Macon-Bibb, GA 31211
Truist · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease
  • Approximately 5 Years Remaining
  • High Visibility on Gray Highway (43,113 VPD)
  • Strong Operating History
  • One 3-Year Option and Five 5-Year Options remaining

EXECUTIVE SUMMARY

Rise Property Group is pleased to present this Truist Bank Bank for sale in Sylvester, GA. Truist has a strong operating history at the site and committed to an early extension. There is approximately 5 years remaining on the Lease with One 3-Year Option and Five 5-Year Options remaining.
The site is centrally located in Macon, GA, surrounded by multiple national and local businesses.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
3,747 SF
Building Class
C
Year Built
1978
Price
$2,062,624 CAD
Price Per SF
$550.47 CAD
Cap Rate
6.25%
NOI
$128,914 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
C-4 - Commercial
Frontage
144’ on Gray Hwy

AMENITIES

  • Banking
  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R064-0242
  • R064-0243
Land Assessment
$137,490 CAD
Improvements Assessment
$163,141 CAD
Total Assessment
$300,631 CAD
  • Listing ID: 30645424

  • Date on Market: 2024-01-12

  • Last Updated:

  • Address: 1104 Gray Hwy, Macon-Bibb, GA 31211

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