For Sale
$5,635,000

4795 Riverside DrMacon, GA 31210

High-Traffic Shopping Center, Excellent ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 6,800 square foot shopping center in Macon, Georgia, presents a compelling investment opportunity. Located at 4795 Riverside Dr, 31210, this multi-tenant property boasts a prime location at a signalized intersection with The Shoppes at River Crossing, a major 750,000 square foot retail center, home to over 70 popular national retailers. The property benefits from exceptional visibility and accessibility, with convenient access to Interstate 75 and several state highways, ensuring a large and diverse customer base. Currently 100% occupied with strong tenants including AT&T (a tenant since 2008), Sleep Number, and Lamar, the property offers a NNN lease structure with a remaining lease term of 5 years. The asking price is $5,635,000, representing a compelling $828.68 per square foot and a 5.85% cap rate. The property features ample parking (5.3/1,000 sf ratio) and benefits from Macon's high discretionary income and strong workforce concentrated in healthcare, education, retail, and manufacturing sectors. This location outperforms 80% of similar AT&T locations nationwide, highlighting its exceptional performance and potential for continued growth. The property's strategic location and strong tenant mix make it an ideal investment for discerning buyers seeking a stable, high-performing retail asset in a thriving market. This is a rare opportunity to acquire a well-established, high-performing shopping center with significant upside potential.

Highlights

  • 6,800 SF shopping center in Macon, GA, at 4795 Riverside Dr, 31210.
  • Prime location at a signalized intersection with The Shoppes at River Crossing (750,000 SF retail center).
  • 100% occupied with strong tenants (AT&T, Sleep Number, Lamar) under NNN leases with 5 years remaining.
  • Asking price: $5,635,000 ($828.68/SF, 5.85% cap rate).
  • Ample parking (5.3/1,000 SF ratio) and excellent access to I-75 and state highways.

Property Details for 4795 Riverside Dr

Property type
Lifestyle centers, Power centers
Square Feet
6,800 SF

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.923645930045
Longitude
-83.710398082429
4795 Riverside Dr, Macon, Georgia

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4795 Riverside Dr
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