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230 Charter Ln
Macon-Bibb, GA 31210
Macon Academy - Macon, GA · Retail Property For Sale
Investment Highlights
- Long-term Absolute Triple Net (NNN) investment opportunity with 2% annual increases.
- Average household income over $100,000 within a 1-mile radius.
- Total spending on education and daycare exceeds $53.4M annually within a 5-mile radius.
- Experienced multi-unit operator that is actively growing throughout the Southeast.
- Located just off Forsyth Rd, which feeds into I-75, this site sees over 66,000 VPD.
- Feeder elementary schools in a 5-mile radius include: Heard Elementary School, Springdale Elementary, Barden Elementary, Tattnall Square Academy.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 5,085 SF Macon Academy located at 230 Charter Lane in Macon, GA. This deal includes a long-term Absolute Triple Net (NNN) investment opportunity with 2% annual increases and an experienced multi-unit operator that is actively growing throughout the Southeast, offering strong income stability.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,085 SF
Building Class
B
Year Built
1985
Price
$2,050,782 CAD
Price Per SF
$403.30 CAD
Cap Rate
7.50%
NOI
$153,808 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.00 AC
Zoning
R-3
Parking
13 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
151’ on Charter Lane
Property Taxes
| Parcel Number | M062-0167 | Improvements Assessment | $72,510 CAD |
| Land Assessment | $162,001 CAD | Total Assessment | $234,511 CAD |
Property Taxes
Parcel Number
M062-0167
Land Assessment
$162,001 CAD
Improvements Assessment
$72,510 CAD
Total Assessment
$234,511 CAD
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