Restaurant
Outback Steakhouse
3899 Arkwright Rd, Macon, GA 31210
Listing Price: $2,461,046
Investment Overview
Marcus & Millichap is please to exclusively offer a 6,200-square-feet freestanding, Absolute NNN, Bloomin' Brands guaranteed, Outback Steakhouse situated on 1.67 acres in North Macon Georgia, specifically located in the fashionable "Northside" submarket. The Macon MSA has a population of 233,000. The property has excellent frontage and access on Interstate I-75 (Traffic Count 54,700-VPD) and Arkwright Road (Traffic Count 22,200-VPD). The immediate area is target rich with prominent hospitality and retail which creates a strong synergy that encourages crossover shopping to the subject property. The 5-mile demographics are strong and includes 54,000 residents and 26,000 employees and an average household income of $84,522.00. * Super Conservative Rent-to-Sales of only 3.65% * Early Lease Renewal by Corporate Bloomin' Brands * Super Conservative, Low Annual Rent at $131,667 (Only $21.00 PSF) * 12% Next Rental Increase (2028) * Super-Low Asking Price at $2,461,000 -vs- Median Asking Price of $3,750,000 Nationally for Outback
Outback Steakhouse
Investment Highlights
- Early Lease Renewal by Corporate Bloomin' Brands - 12% Next Increase (2028)
- Super-Conservative, Low Annual Rent at $131,667 (Only $21.00 PSF)
- Super-Low Asking Price at $2,461,000 -vs- Median Asking Price of $3,750,000 Nationally for Outback
- Excellent Location with Interstate I-75 Visibility and Fashionable North Macon "Riverside" Submarket
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-mile Trade Area I $84,522 Average Household Income
- Super-Conservative Rent-to-Sales of only 3.65%
- Solid Investment with a VERY CONSERVATIVE rent structure.
Exclusively Listed By
Broker of Record
Listing Price: $2,461,046
Investment Highlights
- Early Lease Renewal by Corporate Bloomin' Brands - 12% Next Increase (2028)
- Super-Conservative, Low Annual Rent at $131,667 (Only $21.00 PSF)
- Super-Low Asking Price at $2,461,000 -vs- Median Asking Price of $3,750,000 Nationally for Outback
- Excellent Location with Interstate I-75 Visibility and Fashionable North Macon "Riverside" Submarket
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-mile Trade Area I $84,522 Average Household Income
- Super-Conservative Rent-to-Sales of only 3.65%
- Solid Investment with a VERY CONSERVATIVE rent structure.
Investment Overview
Marcus & Millichap is please to exclusively offer a 6,200-square-feet freestanding, Absolute NNN, Bloomin' Brands guaranteed, Outback Steakhouse situated on 1.67 acres in North Macon Georgia, specifically located in the fashionable "Northside" submarket. The Macon MSA has a population of 233,000. The property has excellent frontage and access on Interstate I-75 (Traffic Count 54,700-VPD) and Arkwright Road (Traffic Count 22,200-VPD). The immediate area is target rich with prominent hospitality and retail which creates a strong synergy that encourages crossover shopping to the subject property. The 5-mile demographics are strong and includes 54,000 residents and 26,000 employees and an average household income of $84,522.00. * Super Conservative Rent-to-Sales of only 3.65% * Early Lease Renewal by Corporate Bloomin' Brands * Super Conservative, Low Annual Rent at $131,667 (Only $21.00 PSF) * 12% Next Rental Increase (2028) * Super-Low Asking Price at $2,461,000 -vs- Median Asking Price of $3,750,000 Nationally for Outback
Exclusively Listed By
Broker of Record
