POA
Property Details

POA
Description

Excellent Income Investment Property SOLD

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W. Scott Wilson Properties LLC is please to offer  on this two-tenant building, located adjacent to Downtown Macon, GA at 640 North Avenue (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 completely renovated  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 at 8.5% with future rent escalations  from both tenants.

 

Property Features