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Shopping Strip

Peach Plaza

3457 Pio Nono Ave, Macon, GA 31206

Listing Price: $510,000

Cap Rate
8.89%
Gross SF
6,498
Rentable SF
6,498
Price/Gross SF
$78.49
Lot Size
0.84 acres
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to present 3457 Pio Nono Avenue, a 100 percent occupied, multi-tenant retail center located along one of Macon’s most active commercial corridors. Recently revitalized with a brand-new roof and modern upgrades, the property offers investors a stabilized income stream secured by committed tenants and immediate cash flow exceeding an 8% return from day one, with additional upside through NNN lease conversions. The center benefits from exceptional visibility along Pio Nono Avenue, which sees approximately 16,000 vehicles per day, and is positioned near major thoroughfares including Eisenhower Parkway and Interstate 75, ensuring strong accessibility and traffic flow. Featuring six units and priced at less than $80 per square foot, this property represents a rare high-cap-rate opportunity at a low price point.


Situated in a dense trade area with strong demographics and proximity to national retailers, 3457 Pio Nono Avenue offers a compelling combination of stabilized cash flow and long-term growth potential in one of Middle Georgia’s most dynamic markets.

Investment Highlights

  • Surrounded In A Dense Trade Area- 6,819 People In A One-mile Radius, 44,088 In A Three-mile Radius
  • Immediate Trade Area Experiencing Modest Growth | Projected 1% In Population The Next 5 Years
  • Low Basis At $78/SF Gives A New Owner Significant Long-term Upside
  • High Yield Investment Opportunity At 8.89% CAP Rate
  • Value-add Opportunity By Converting Leases To NNN As They Expire

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Shopping Strip

Peach Plaza

Listing Price: $510,000

Cap Rate
8.89%
Gross SF
6,498
Rentable SF
6,498
Price/Gross SF
$78.49
Lot Size
0.84 acres
Year Built
1989

Investment Highlights

  • Surrounded In A Dense Trade Area- 6,819 People In A One-mile Radius, 44,088 In A Three-mile Radius
  • Immediate Trade Area Experiencing Modest Growth | Projected 1% In Population The Next 5 Years
  • Low Basis At $78/SF Gives A New Owner Significant Long-term Upside
  • High Yield Investment Opportunity At 8.89% CAP Rate
  • Value-add Opportunity By Converting Leases To NNN As They Expire

Investment Overview

Marcus & Millichap is pleased to present 3457 Pio Nono Avenue, a 100 percent occupied, multi-tenant retail center located along one of Macon’s most active commercial corridors. Recently revitalized with a brand-new roof and modern upgrades, the property offers investors a stabilized income stream secured by committed tenants and immediate cash flow exceeding an 8% return from day one, with additional upside through NNN lease conversions. The center benefits from exceptional visibility along Pio Nono Avenue, which sees approximately 16,000 vehicles per day, and is positioned near major thoroughfares including Eisenhower Parkway and Interstate 75, ensuring strong accessibility and traffic flow. Featuring six units and priced at less than $80 per square foot, this property represents a rare high-cap-rate opportunity at a low price point. Situated in a dense trade area with strong demographics and proximity to national retailers, 3457 Pio Nono Avenue offers a compelling combination of stabilized cash flow and long-term growth potential in one of Middle Georgia’s most dynamic markets.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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