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Executive Summary

4849 Mercer University Drive offers investors a stabilized NNN investment opportunity in one of Macon’s most active commercial corridors. The property includes approximately 3,136 square feet on a 0.33-acre lot, with strong frontage along Mercer University Drive and exposure to approximately 21,700 vehicles per day.
The building is fully built out as salon suites and will be delivered with a sale-leaseback structure. At closing, the current owner will execute a five-year NNN lease at $5,700 per month, providing the purchaser with immediate rental income and built-in occupancy from day one. With utilities passed through to the tenant and landlord responsibilities limited under the NNN lease structure, the property offers a clean, passive income stream with reduced operational burden. Based on the NNN rental income, the offering is positioned at a 7.00% cap rate, making it an attractive opportunity for investors seeking stabilized cash flow in a proven commercial location.
Situated within an established North Macon commercial node, the property benefits from surrounding retail, service, and office uses, convenient access to major thoroughfares, and ample on-site parking. 4849 Mercer University Drive combines predictable income, strong visibility, and a landlord-friendly NNN lease structure in one of the area’s highest-traffic corridors

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,136 SF
Building Class
C
Year Built
1950
Price
$821,040 CAD
Price Per SF
$261.81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.33 AC
Zoning
PDR - Planned Development Residential
Parking
19 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
244’ on Mercer University Drive
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

United Rentals
IHOP
Waffle House
McAlister's Deli
Zaxby's
Sonny"s Real Pit Bar B-Q
WNB Factory - Wings & Burger
Kroger
Golden Corral

Property Taxes

Property Taxes

Parcel Number
L081-0065
Land Assessment
$57,750 CAD
Improvements Assessment
$44,339 CAD
Total Assessment
$102,088 CAD
  • Listing ID: 39492115

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 4849 Mercer University Dr, Macon-Bibb, GA 31210

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