Excellent Income Investment Property

93% Occupied with future rent escalations

W Scott Wilson Properties is pleased to exclusively offer for sale  this two-tenant government  office and dialysis building, located adjacent to Downtown Macon, GA at 640 North Avenue Suite D (the “Property”). The offering is comprised of an approximately 2.65  acres along with fee simple ownership rights to a 24,000 sq ft brick  office building/dialysis center that is 62% leased by State Properties Commission and 31% leased by Macon Eastside Dialysis Center, LLC with 1600 sq ft vacant and held for expansion of ether tenant. This property is offered at an attractive cap rate just under 7% with future rent escalations  from both tenants.

 

  • Price: $2,999,999 
  • Acres: 2.65 
  • Utilities: All utilities 
  • Roads: North Avenue and Baconsfield Drive 
  • Square Feet: 24000 
  • Zoning: C-4 
  • Levels (Stories):
  • Active?: Yes