For Sale
$1,395,000

4925 Bloomfield Rd Macon, GA 31206

High-yield Macon, GA investment.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 11,800 square foot retail property in Macon, Georgia, anchored by a Family Dollar store. Located at 4925 Bloomfield Rd, this Class A, single-tenant net lease property sits on a 1.58-acre lot with 45 parking spaces. The Family Dollar lease, in place since 2003, has been recently extended, providing long-term stability with built-in rent bumps. The property boasts a strong 8.75% cap rate and a substantial net operating income (NOI) of $122,046. The building, constructed in 2003, features four units, with the Family Dollar occupying the majority of the space. Three additional long-term tenants occupy the remaining 4,000 square feet. This prime location benefits from high traffic counts exceeding 21,000 vehicles daily, proximity to major retailers (including Walmart and Sam's Club), and its strategic placement near several higher education institutions, ensuring consistent demand and future growth potential. The property is offered fee simple with a ground lease in place. This is a passive income opportunity with minimal landlord responsibilities, offering a secure and lucrative return on investment. The asking price is $1,395,000, translating to $118.22 per square foot.

Highlights

  • Passive income, double-net-leased Family Dollar-anchored property with minimal landlord responsibilities at a high-traffic intersection (Bloomfield Rd & Chambers St), exceeding 21,000 vehicles daily.
  • Family Dollar has occupied the location since 2003, with a recently extended lease providing over 6.5 years of base term remaining and rent increases built in.
  • Potential for future upside through repositioning of the remaining 4,000 square feet currently occupied by long-term tenants.
  • Strong retail location near Walmart, Sam's Club, Chick-fil-A, Wendy's, and other national retailers.
  • Proximity to Middle Georgia State University, Central Georgia Technical College, and Mercer University, with a combined student population exceeding 26,000.
  • Strategically located in Macon, Georgia, the fourth most populous city in the state, within the fifth largest MSA in Georgia.

Property Details for 4925 Bloomfield Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
11,800 SF
Class
A
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
68,825 SF
Units
4

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.80569787
Longitude
-83.70739537

FAQs

What type of property is this?
Retail property - High-yield Macon, GA investment.
Where is the retail property located?
The property is located at 4925 Bloomfield Rd Macon, GA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Passive income, double-net-leased Family Dollar-anchored property with minimal landlord responsibilities at a high-traffic intersection (Bloomfield Rd & Chambers St), exceeding 21,000 vehicles daily.; Family Dollar has occupied the location since 2003, with a recently extended lease providing over 6.5 years of base term remaining and rent increases built in.; Potential for future upside through repositioning of the remaining 4,000 square feet currently occupied by long-term tenants.
How can I contact the broker?
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4925 Bloomfield Rd
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