4625 Mercer University Dr - Freestanding FOR SALE


Macon-Bibb, GA 31210
$1,650,000 USD
248-702-0288
4625 Mercer University Dr, Macon-Bibb, GA for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/8
null | 7.59% Cap Rate

4625 Mercer University Dr
Macon-Bibb, GA 31210


HIGHLIGHTS

  • Absolute NNN Lease with Zero Landlord Responsibilities
  • 9,180/SF Freestanding Single-Tenant Family Dollar Situated on 1.50 Acres
  • 5+ Years Remaining in the Term with Six (6), 5-Year Options Available
  • Strong 10% Rent Increases Every 5 Years Throughout The Initial Term and Options
  • Upgraded Family Dollar All-Brick Prototype Construction
  • RARE Dollar Store Demographics | Average Household Income In a 5-Mile Radius Exceeds $72,000 | Population Exceeds 99,000 People In a 5-Mile Radius

OVERVIEW

Absolute NNN Lease with Zero Landlord Responsibilities

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

PDC

APN/PARCEL ID

L082-0247

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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