Listed by Trinity Partners
$2,675,000
Eisenhower Crossing
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,080
Cap Rate 6.78%
NOI $181,472
Occupancy 100%
Tenancy Multi
Price per SqFt $331
Year Built 2001
Acreage 1.370
Parking Spaces 80 spaces
Parking Per SqFt 9.90
Investment Type Stabilized
Retail | 6.78% CAP | 8,080 SqFt
Marketing description
Trinity Partners is pleased to present exclusively for sale the 100% occupied 8,080 SF Eisenhower Crossing located in Macon, GA, which is the 4th largest city in the state. This deal includes a strip center that has 100% of its income from national tenants. The center has a strong tenant mix including McAlister's, WingStop, and T-Mobile.
Investment highlights
- National tenants make up 100% of the net operating income
- High growth GA market
- Located in Macon, GA, which is the 4th largest city in the state and the growing southeast real estate market
- 20,100 VPD on Eisenhower Pkwy and major visibility on US 80
- National tenants have excellent rent-to-sales ratio, indicating tenant health and stability
- Anchored by McAlister's Deli, a national tenant which has operated out of the space since 2004
- High construction quality and modern design from 2001
- Incredible parking ratio of 10/1,000 with 80 parking spots for customers
Listing Contacts
Listed by Trinity Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$181,472.00
$15,122.67/mo
Valuation Metrics
0
DSCR
6.78%
Cap Rate
6.78%
ROI
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