4755 Ivey Dr - Freestanding FOR SALE
Macon-Bibb, GA 31206 |
$2,652,000 USD
704-379-1985
4755 Ivey Dr
Macon-Bibb, GA 31206
HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities
- Desirable lease term | 8.5+ years remaining
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the U.S.
- The tenant agreed to extend the lease two separate times for 10 years, showing their commitment to this location
- Located inside of dense retail corridor | 1.5M SF within a 2-mile radius
- Long operating history | Leased since 2000
FOR SALE DETAILS
PRICE
$2,652,000 USD
PRICE/SF
$114 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Northern Tool + Equipment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
108
LAND DETAILS
LAND ACRES
5.03 AC
LAND SF
219,107 SF
ZONING
Commercial
APN/PARCEL ID
K009-0062
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704-379-1985
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704-379-1985
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