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Shopping Strip

Peach Plaza

3457 Pio Nono Ave, Macon, GA 31206

Listing Price: $575,000

Cap Rate
7.99%
Gross SF
6,540
Rentable SF
6,540
Price/Gross SF
$87.92
Lot Size
0.84 acres
Year Built
1989

Investment Overview

Nestled just off the bustling Pio Nono Ave in Macon, this property boasts exceptional visibility, bene?ting from the daily ?ow of approximately 16,000 vehicles on Pio Nono Avenue. Recently revitalized, the property showcases a brand-new roof and is currently home to a variety of new tenants committed for the foreseeable future.

With its six units, this property offers a prime opportunity for income generation. Having undergone recent renovations, this is great property you can purchase and simply just cash flow immediately. The existing leases ensure that an investor can seamlessly step into ownership, experiencing robust cash ?ow. Furthermore, unit 101 and 105 have NNN leases that are not being enforced, allowing for more income immediately for a new buyer.

Investment Highlights

  • 44,804 people in a 3-mile radius
  • 7.99% as is Cap Rate
  • 8.38% year-2 Cap Rate

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: $575,000

Cap Rate
7.99%
Gross SF
6,540
Rentable SF
6,540
Price/Gross SF
$87.92
Lot Size
0.84 acres
Year Built
1989

Investment Highlights

  • 44,804 people in a 3-mile radius
  • 7.99% as is Cap Rate
  • 8.38% year-2 Cap Rate

Investment Overview

Nestled just off the bustling Pio Nono Ave in Macon, this property boasts exceptional visibility, bene?ting from the daily ?ow of approximately 16,000 vehicles on Pio Nono Avenue. Recently revitalized, the property showcases a brand-new roof and is currently home to a variety of new tenants committed for the foreseeable future. With its six units, this property offers a prime opportunity for income generation. Having undergone recent renovations, this is great property you can purchase and simply just cash flow immediately. The existing leases ensure that an investor can seamlessly step into ownership, experiencing robust cash ?ow. Furthermore, unit 101 and 105 have NNN leases that are not being enforced, allowing for more income immediately for a new buyer.

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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