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4625 Mercer University Dr
Macon-Bibb, GA 31210
Family Dollar · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with Zero Landlord Responsibilities
- 5+ Years Remaining in the Term with Six (6), 5-Year Options Available
- Upgraded Family Dollar All-Brick Prototype Construction
- 9,180/SF Freestanding Single-Tenant Family Dollar Situated on 1.50 Acres
- Strong 10% Rent Increases Every 5 Years Throughout The Initial Term and Options
- RARE Dollar Store Demographics | Average Household Income In a 5-Mile Radius Exceeds $72,000 | Population Exceeds 99,000 People In a 5-Mile Radius
Executive Summary
Absolute NNN Lease with Zero Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,292 SF
Building Class
C
Year Built
1992
Price
$2,260,021 CAD
Price Per SF
$243.22 CAD
Cap Rate
7.59%
NOI
$171,452 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.50 AC
Zoning
PDC
Parking
34 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
300’ on Mercer University Drive
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | L082-0247 | Improvements Assessment | $418,372 CAD |
| Land Assessment | $170,345 CAD | Total Assessment | $588,718 CAD |
Property Taxes
Parcel Number
L082-0247
Land Assessment
$170,345 CAD
Improvements Assessment
$418,372 CAD
Total Assessment
$588,718 CAD
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