4305 Mercer University Dr - Drug Store FOR SALE


Macon-Bibb, GA 31206
$2,691,000 USD
619-297-0055
4305 Mercer University Dr, Macon-Bibb, GA for Sale
$2,691,000 USD
Drug Store - FOR SALE
1/3
null | 14% Cap Rate

4305 Mercer University Dr
Macon-Bibb, GA 31206


HIGHLIGHTS

  • Walgreens will continue paying rent through March 31 of 2028 ($753,480 Remaining Rent).
  • Walgreens is responsible for all building and property expenses.
  • Completed in 2024, the 12K seat Atrium Health Amphitheater brought in 100K visitors and generated an estimated $20M in local spending.
  • In February 2026, GLPI obtained a $20M, 10-year option to acquire the former JCPenney site at Macon Mall for a potential casino project.

OVERVIEW

Listed in conjunction with Brian Brockman, Bang Realty - Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952.

FOR SALE DETAILS

PRICE

$2,691,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark Walgreens | Abs NNN | 1.5 Mi from Venue

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

C-1

APN/PARCEL ID

M081-0018

ASK ABOUT THIS PROPERTY

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.