Listed by Sands Investment Group, Sands Investment Group - FTL
$2,500,000
Northside Plaza - Macon, GA
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 17,545
Cap Rate 7.65%
NOI $191,324
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 2
Rent Bumps Yes
Lease Options Varies
Price per SqFt $142
Year Built 1980
Acreage 2.370
Investment Type Net Lease
Ground Lease No
Assumable Loan | 9-Tenant Retail Center | I-75 Corridor - Macon, GA
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 17,545 SF Northside Plaza located at 3200 Northside Drive in Macon, GA. The center is anchored by a diverse mix of 8 retail tenants and an ATM operator, providing stable cash flow and consistent daily traffic. With a balanced tenant roster offering a variety of service-oriented and convenience-based uses, the property benefits from strong customer engagement and long-term investment appeal.
Investment highlights
- Complementary Tenant Mix Serving Daily Consumer Needs: The center features a well-balanced mix of 8 retail tenants plus an ATM operator, creating a diversified tenancy that generates consistent daily traffic. The tenant lineup provides a strong blend of service, convenience, and everyday retail uses that support repeat customer visits and long-term stability for the center.
- Positioned Within a Rapidly Expanding Central Georgia Market: Macon is experiencing significant economic growth fueled by large-scale industrial investment, ongoing commercial development, and major infrastructure expansion throughout the region. The market continues to attract new employers, residents, and consumer demand through projects including regional industrial construction, new retail destinations such as Costco, and continued expansion of the Middle Georgia Regional Airport. These developments are strengthening Macon’s long-term economic outlook while driving increased traffic and retail demand across the trade area surrounding the property.
- Excellent Visibility With Strong Traffic Exposure: The property is strategically positioned along Northside Drive, one of Macon’s primary retail corridors, benefiting from over 23,000 vehicles per day. The center also offers convenient access to Interstate 75, which experiences traffic counts exceeding 66,000 vehicles daily, providing strong regional connectivity and consistent consumer exposure for tenants.
- Seasoned Tenant Base With Demonstrated Operating History: Excluding recent move-ins, the tenant base has maintained an average occupancy history of over 4 years at the property, demonstrating tenant commitment to the location and the center’s ability to support long-term retail operations.
- Assumable Loan at 5.15%: Reach out to broker for additional details.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group - FTL
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$191,324.00
$15,943.67/mo
Valuation Metrics
0
DSCR
7.65%
Cap Rate
7.65%
ROI
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