This exceptional investment opportunity presents a 6,873 square foot medical office building in Macon, Georgia, currently 100% occupied by MyEyeDr, a leading optometry provider with over 800 locations nationwide. The property boasts a stabilized investment profile with a strong 8.75% cap rate and a substantial net operating income (NOI) of $139,458. The lease, featuring a corporate guarantee, has a remaining term of three years with a 10% rent bump at renewal and options for two or five-year extensions. Built in 1977, this single-tenant property is situated at 3801 Northside Dr, Macon, GA 31210, an area with high traffic volume (over 20,000 cars daily) and proximity to major retailers like Kroger, Starbucks, Chick-fil-A, and UPS at the adjacent Northpark Center Mall. The property benefits from strong demographics, serving a 5-mile population exceeding 64,500 residents with an average household income of $81,685. Macon's robust economy, driven by manufacturing, aeronautics, tourism, and the significant economic impact of Robbins Air Force Base, further enhances the investment's appeal. The asking price is $1,593,805, translating to a price per square foot of $231.89. This represents a compelling opportunity to acquire a high-performing medical office asset in a thriving Georgia market. The property is an outparcel to Atrium Health Wellness.
Highlights
$1,593,805 asking price for a 6,873 SF stabilized medical office building in Macon, GA, offering an 8.75% cap rate.
100% occupancy with MyEyeDr, a leading optometry provider with a corporate guarantee, on a modified lease expiring 11/30/2027 (3-year remaining term, with 10% rent bumps at renewal).
Strong tenant: MyEyeDr, part of Goldman Sachs-backed Capital Vision Services, operating over 800 locations nationwide.
Attractive investment in a growing Medtail sector (medical/retail), offering stable income and high returns.
Located in Macon, GA, a city with a strong economy, significant population, and high household income, near major retailers and high traffic counts.
Excellent location in a high-traffic area with nearby national tenants and proximity to major employers, including Robbins Air Force Base.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Ryan Burke
Michael Moreno
Rahul Chhajed
Delaney Dennis
Malia Majette
Visit Broker Website
Learn more
Useful Information
Request information
3801 Northside Dr, Macon, Georgia, 31210
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
3801 Northside Dr
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.