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First Generation Restaurant Space 418 3rd St 4,069 SF of Retail Space Available in Macon-Bibb, GA 31201
HIGHLIGHTS
- First Generation Restaurant Space (4,069± SF) - Neel's Lofts / Mixed Use Development - Downtown Macon
- Seating Capacity: 140±
- 6 Months Free Rent
- Bring your restaurant vision to life in Macon's most sought-after new address! Completion is set for January 2026.
- Multi-restaurant owner with a vision for expansion, a commitment to operational excellence, and a passion for delivering exceptional dining experience
- Home to prestigious higher education institutions; Mercer University, Wesleyan College, Middle Georgia State University and Central Georgia Technical
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,069 SF | 1-10 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $102,240 CAD/YR $8,520 CAD/MO | Triple Net (NNN) |
1st Floor
First Generation Restaurant Space (4,069± SF) - Neel's Lofts / Mixed Use Development - Downtown Macon Bring your restaurant vision to life in Macon's most sought-after new address! Completion is set for January 2026. Neel's Lofts, a stunning four-story development fronting Cherry Street and Third Street, will be home to 95 luxury lofts, 2 retail storefronts, a coworking space, and a premier restaurant opportunity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,069 SF | Gross Leasable Area | 12,910 SF |
| Property Type | Retail | Year Built/Renovated | 2025/2026 |
| Property Subtype | Restaurant | Construction Status | Under Renovation |
| Total Space Available | 4,069 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 12,910 SF |
| Year Built/Renovated | 2025/2026 |
| Construction Status | Under Renovation |
ABOUT THE PROPERTY
First Generation Restaurant Space (4,069± SF) - Neel's Lofts / Mixed Use Development - Downtown Macon Bring your restaurant vision to life in Macon's most sought-after new address! Completion is set for January 2026. Neel's Lofts, a stunning four-story development fronting Cherry Street and Third Street, will be home to 95 luxury lofts, 2 retail storefronts, a coworking space, and a premier restaurant opportunity. Seating Capacity: 140± Owner's Buildout Investment: Includes four 5-ton HVAC units, 3-phase electrical, ample outlets, plumbing stubbed, hood chase, sheetrock walls, exposed ceilings, restrooms, water and gas meters, grease trap and fire sprinklers Tenant Improvement Allowance: $242,000 for light fixtures, flooring, paint, kitchen fixtures and more Suite Features: Separate water and gas meters, grease trap, fire sprinklers and fully stubbed utilities for a seamless buildout Ideal Operator: Multi-restaurant owner with a vision for expansion, a commitment to operational excellence, and a passion for delivering exceptional dining experiences Lease Rate: $18.00/PSF, NNN (NNN estimated @ $2.00/PSF) Total Monthly: $6,781.67 Incentive: 6 months free rent Excluded Use: Bar (no bar-only concepts) Noise Policy: No live music past 10PM (95 luxury lofts above) Financing: Available through NewTown Macon Downtown Macon: 86% Storefront Occupancy 400+ Businesses 25,000+ People work downtown 1,100+ Residents 830 Lofts 600 New hotel rooms projected in 3-5 years Area median income: $70,700 Location Highlights: High-visibility corner in the heart of downtown Macon Surrounded by luxury residences and vibrant retail Walkable to major attractions and business centers Home to prestigious higher education institutions; Mercer University, Wesleyan College, Middle Georgia State University and Central Georgia Technical College
NEARBY MAJOR RETAILERS
CONTACTS
-
Stephanie Folsom -
Miriam Cheek -
Coldwell Banker Commercial Eberhardt & Barry, Inc.
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First Generation Restaurant Space | 418 3rd St
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