W. Scott Wilson Properties LLC is pleased to exclusively offer for sale the 6783-square-foot single-tenant medical office, Primary Eye Center, located at 3801 Northside Drive in Macon, Ga. (the“Property”). The offering is comprised of an approximately .51-acre plot, along with the fee-simple ownership rights to a single-tenant medical office that is 100% leased to MyEyeDr. Optometry of Georgia LLC a division of Capital Services LP. The property was completely renovated in January 2017 with almost $90/sq ft in renovations. The tenant has renewed early and there is just under nine(9) years left on the current term with two (2), five (5) year options to renew. The lease features five (5%) percent annual rental increases on the two options. With a net operating income of $136,824 this represents an attractive cap rate of 6.84%.
The Property is ideally located along Northside Drive, which sees more than 23,000 vehicles per day (VPD). The surrounding market also supports above national average household income of $60,000, There is more than one million square feet of retail within five miles of the subject with national brand tenants such as Kroger, Publix, Panera Bread, Starbucks, and Chick Flia. The local market has also experienced significant capital commitment with the new Spine Center under construction across the street by Ortho Georgia Orthopedic Surgery Center, one of the largest surgery centers of its kind in Georgia.
Nothing but upside on this 74,000 sq ft redevelopment opportunity. Excellent location with new interstate exit ramp feeding directly into center. 7 acres with good signage visible from I-75.
I-75(80,000 traffic count) exit ramp feeds directly into property entrance on Riverside Drive(26,000 traffic count)
PRICE REDUCTION! 22,391 sq ft Strip Center . Walmart shadow(across street) , high traffic count, inline with Large Shopping Center anchored by Goody's, Dollar General Market, Farmers, Aaron's Rent. Remolded 2004-2005. Gray Hwy with access to both I-75 and I-16 High Traffic Count (38,900) , 5 mile pop 76,325 avg income $55,488.
124 contiguous acres with over 1500 feet of I-75 frontage. Located 1.5 miles north of the primary retail development area of Macon, Ga including BassPro and The Shoppes at River Crossing. Two ac pond, 1700 feet of creek frontage, backs up to Rivoli Farms of the premier residential neighborhoods in South Monroe Co
Zoned apartment site in desirable Veterans High School District with preliminary engineering in place. Master planned development property , all utilities available, ready for construction.
Located just off of the southeast corner of Hwy 96 and Robert Bryson Pkwy
Excellent commercial development property. Cleared, elevated site with great visibility, existing curb cuts, utilities in the immediate area. Proximity to Shoppes at River Crossing , Lexus, Toyota, Nissan, Infinity, Drive Time , retail, and medical.
One of the few undeveloped commercial tracts on Mercer University Drive. Over 200 feet of frontage on Mercer University and an additional 675 feet frontage on Tucker Valley Road in the rear make this tract very desirable and versatile . Seller will consider subdividing.