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Shopping Community

Mission Square

3706 Mercer University Dr, Macon, GA 31204

Listing Price: $2,300,000

Cap Rate
6.23%
Rentable SF
24,200
Lot Size
2.24 acres
Year Built
1989

Investment Overview

Marcus and Millichap is thrilled to present an exceptional opportunity in the heart of Macon, Georgia. Nestled in the charming city, this remarkable property features 27 units, offering a highly lucrative prospect for signi?cant income generation. Spanning two well-designed ?oors, the building caters to a diverse tenant base, including essential service providers, creating an invaluable and irreplaceable demand. Noteworthy occupants encompass a dental of?ce, hair salons, a barber shop, and a tattoo studio.

What sets this property apart is its strategic location, enhancing its overall allure. Conveniently positioned within a 3-mile radius of a thriving population of 53,004 individuals, the property bene?ts from the robust economy of Macon-Bibb. The added advantage of being in close proximity to numerous universities positions this property for sustained success

Investment Highlights

  • 6.23% AS IS Cap Rate
  • Phenomenal opportunity to add value in a strong labor market at 64% occupancy
  • Macon-Bibb's population has grow by 72.2% over the past 10 years

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Shopping Community

Mission Square

Listing Price: $2,300,000

Cap Rate
6.23%
Rentable SF
24,200
Lot Size
2.24 acres
Year Built
1989

Investment Highlights

  • 6.23% AS IS Cap Rate
  • Phenomenal opportunity to add value in a strong labor market at 64% occupancy
  • Macon-Bibb's population has grow by 72.2% over the past 10 years

Investment Overview

Marcus and Millichap is thrilled to present an exceptional opportunity in the heart of Macon, Georgia. Nestled in the charming city, this remarkable property features 27 units, offering a highly lucrative prospect for signi?cant income generation. Spanning two well-designed ?oors, the building caters to a diverse tenant base, including essential service providers, creating an invaluable and irreplaceable demand. Noteworthy occupants encompass a dental of?ce, hair salons, a barber shop, and a tattoo studio. What sets this property apart is its strategic location, enhancing its overall allure. Conveniently positioned within a 3-mile radius of a thriving population of 53,004 individuals, the property bene?ts from the robust economy of Macon-Bibb. The added advantage of being in close proximity to numerous universities positions this property for sustained success

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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