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32298314
32298618

3619 Mercer University Drive, Macon, GA 31204

AS
GA 440837
The Summit Group
Listed by The Summit Group
$700,400
30 days on market
Updated 24 days ago

Turnkey Investment Opprotunity

Details
Property Type Retail
Square Footage 2,793
Units 11
Cap Rate 6.00%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 18
Year Built 1980
Acreage 0.630
Zoning C-2
Parking Spaces 11 spaces
Parking Per SqFt 3.94
Ground Lease No

Absolute NNN Lease | 6% Cap Rate

Marketing description

This ±2,793 SF retail investment opportunity at 3619 Mercer University Drive in Macon, GA offers a rare turnkey asset backed by a long-term absolute NNN lease, providing investors with stable, passive income and minimal landlord responsibilities. Situated on approximately 0.63 acres along one of Macon’s primary commercial corridors, the property benefits from excellent visibility, strong signage opportunities, and easy access, with traffic counts exceeding 26,000 vehicles per day on Mercer University Drive and over 81,000 vehicles per day along nearby Interstate 75. The property is leased to The North American Title Company d/b/a Loan Max, featuring an 18-year remaining lease term with two 5-year renewal options, 3% annual rent increases, and a corporate guarantee, generating a net operating income of $42,024 at a 6% cap rate. Surrounded by established national retailers and consistent consumer traffic drivers, this asset presents a secure, long-term investment in a high-demand retail corridor with built-in growth and strong market fundamentals.

Listing Contacts

AS
GA 440837
The Summit Group
Listed by The Summit Group

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Additional Information

Name
Adam Stead
License
440837
Brokerage
The Summit Group
Brokerage Phone
478.750.7507
Title
Salesperson
Brokerage Address
4124 Arkwright Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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