POA
Property Details

POA
Description

Investment Income Property

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W. Scott Wilson Properties LLC is please to offer this two-tenant building, located adjacent to the Tom Hill  retail corridor area of Macon, GA at 110 Holiday Drive (the “Property”). The offering is comprised of an approximately one  acre of land  along with fee simple ownership rights to a 16,227 sq ft  office building that is 49% leased by the Georgia Public Library that has been at this location for 34 years, with  15% leased by State Board of Worker’s Compensation, and finally  with 5767 sq ft vacant and in move in condition. This property is offered at a stabilized  cap rate of  11.75 % and a 6.4% cap rate on in place NOI.

The Property is in excellent condition with very little deferred maintenance.

Property Features