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Investment Property 4979 Mercer University Dr 10,000 SF Retail Building Macon-Bibb, GA 31210 $1,944,284 CAD ($194.43 CAD/SF) 6% Cap Rate
Investment Highlights
- Convenient to I-475 with excellent traffic count
- New 5 year lease with two 5 year renewal options
Executive Summary
Newly remodeled ± 10,000 Sf building on a 1.56 Ac lot
Neighbors include: Harley Davidson of Macon, Capitol Cycle, Macon Outdoor Power and more.
Neighbors include: Harley Davidson of Macon, Capitol Cycle, Macon Outdoor Power and more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,000 SF
Year Built
1981
Price
$1,944,284 CAD
Price Per SF
$194.43 CAD
Cap Rate
6%
NOI
$116,657 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
1.56 AC
Zoning
PDE
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
209’ on Mercer University Drive
Amenities
- Corner Lot
Nearby Major Retailers
Property Taxes
| Parcel Number | L081-0104 | Improvements Assessment | $60,539 CAD |
| Land Assessment | $172,411 CAD | Total Assessment | $232,950 CAD |
Property Taxes
Parcel Number
L081-0104
Land Assessment
$172,411 CAD
Improvements Assessment
$60,539 CAD
Total Assessment
$232,950 CAD
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Investment Property | 4979 Mercer University Dr
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