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26723589
26723590

840 Pio Nono Ave, Macon, GA 31204

BW
GA 445326
Murphey, Taylor, & Ellis Inc
Listed by Murphey, Taylor, & Ellis Inc
$1,695,000
283 days on market
Updated 69 days ago

Cherokee Center - 840 Pio Nono Ave., Macon GA

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 33,401
Net Rentable (SqFt) 33,401
Units 12
Occupancy 96%
Brand/Tenant Family Dollar, T-Mobile
Broker Co-Op Yes
Class C
Year Built 1970
Investment Type Value Add

Retail | 33,401 SqFt

Marketing description

Value-Add Retail Center

• 96% occupied with stable in-place income and significant opportunity for rent growth, lease-up, and strategic expansion.

Nationally Anchored by Family Dollar

• The presence of Family Dollar as a credit tenant provides a strong foundation for investor confidence and consistent

consumer draw.

Prime Location & Visibility

• Exceptional frontage along Pio Nono Avenue, one of Macon’s primary retail corridors, with exposure to 15,900 vehicles per day and direct access to I-75.

Diverse Tenant Mix

  • Anchored by a blend of creditworthy national tenants and long-term local businesses, creating a durable and balanced rent roll.

First Time to Market

• Family-owned and operated for over 30 years—a generational opportunity to acquire a proven retail asset in central Georgia.

Recent Capital Improvements

• Significant recent investments including a new roof installation on one building and a seal-coated, striped parking lot,

minimizing near-term capital requirements.

Strong Demographics & Market Fundamentals

• Nearly 100,000 residents within a 5-mile radius and Macon’s status as a regional hub for healthcare, education, and

logistics support long-term tenant demand.

Investment highlights

Value-Add Retail Center

Nationally Anchored by Family Dollar

Prime Location & Visibility

Diverse Tenant Mix

First Time to Market

Recent Capital Improvements

Listing Contacts

BW
GA 445326
Murphey, Taylor, & Ellis Inc
Listed by Murphey, Taylor, & Ellis Inc

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Additional Information

Name
Ben Walden
License
445326
Brokerage
Murphey, Taylor & Ellis
Brokerage Phone
4789541047
Title
GA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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