Listed by KW Commercial First Atlanta
$475,000
4849 Mercer University Dr
Details
APN L081-0065
Property Type Office, Retail
Sub Type Storefront, Traditional Office
Square Footage 3,136
Net Rentable (SqFt) 3,136
Units 1
Cap Rate 8.75%
Tenancy Multi
Lease Type NNN
Price per SqFt $151
Broker Co-Op Yes
Class C
Year Built 1950
Buildings 1
Stories 1
Acreage 0.330
Zoning PDR - Planned Development Residential
Ground Lease No
8.75% Cap Rate | NNN Investment Opportunity with Mercer University Drive exposure
Marketing description
- Stabilized NNN investment opportunity located in one of Macon’s most active commercial corridors
- Approximately 3,136 SF situated on a 0.33-acre lot
- Strong frontage along Mercer University Drive with exposure to approximately 21,700 vehicles per day
- Fully built out as salon suites with an established operating business in place
- Property will be delivered with a sale-leaseback structure at closing. Open to conveying leases with sale of the property.
- Current owner will execute a five-year NNN lease.
- Immediate rental income and built-in occupancy from day one
- Triple net lease structure provides a passive investment with limited landlord responsibilities
- Utilities are reimbursed by the tenant, reducing operating expenses
- Offered at a 8.50% cap rate based on in-place NNN rental income
- Predictable cash flow supported by a long-term lease commitment
- Ample on-site parking for tenants and customers
- Located within an established North Macon commercial node surrounded by retail, office, and service businesses
- Convenient access to major thoroughfares and regional transportation routes
- Strong visibility and high traffic counts support long-term tenant success
- Combines stable income, landlord-friendly lease terms, and prime corridor exposure in a proven investment location
Investment highlights
- Traffic Count: Approximately 21,700 vehicles per day
- Parking: Ample on-site parking
- Zoning: PDR (Planned Development Residential)
- Frontage: Strong street visibility on Mercer University Drive
- Turn Key Opportunity with operating Salon Suite leases in place
Listing Contacts
Listed by KW Commercial First Atlanta
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