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Dark Walgreens | Abs NNN | 1.5 Mi from Venue 4305 Mercer University Dr 14,490 SF Retail Building Macon-Bibb, GA 31206 $3,657,069 CAD ($252.39 CAD/SF) 14% Cap Rate
Investment Highlights
- Walgreens will continue paying rent through March 31 of 2028 ($753,480 Remaining Rent).
- Completed in 2024, the 12K seat Atrium Health Amphitheater brought in 100K visitors and generated an estimated $20M in local spending.
- Walgreens is responsible for all building and property expenses.
- In February 2026, GLPI obtained a $20M, 10-year option to acquire the former JCPenney site at Macon Mall for a potential casino project.
Executive Summary
Listed in conjunction with Brian Brockman, Bang Realty - Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952.
Property Facts
Sale Type
Investment NNN
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
B
Year Built
2002
Price
$3,657,069 CAD
Price Per SF
$252.39 CAD
Cap Rate
14%
NOI
$511,990 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.29 AC
Zoning
C-1 - Commercial
Parking
73 Spaces (5.04 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 14,490 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 14,490 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 14,490 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | M081-0018 | Improvements Assessment | $986,938 CAD |
| Land Assessment | $149,137 CAD | Total Assessment | $1,136,075 CAD |
Property Taxes
Parcel Number
M081-0018
Land Assessment
$149,137 CAD
Improvements Assessment
$986,938 CAD
Total Assessment
$1,136,075 CAD
(619) 297-0055
x302
Contacts
-
Jason Pongsrikul -
Chris Barry -
Pharma Property Group- Drugstore Specialists
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Dark Walgreens | Abs NNN | 1.5 Mi from Venue | 4305 Mercer University Dr
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