For Sale
$9,317,600

5566 Thomaston Rd Macon, GA 31220

High-yield, 100% occupied medical office building.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a ±30,475 square foot, single-story medical office building located at 5566 Thomaston Rd, Macon, GA 31220, in Bibb County. The property, built in 2018 and renovated in 2022, sits on a 3.57-acre lot and boasts 140 designated parking spaces. Currently operating at 100% occupancy, the building serves as a U.S. Department of Veterans Affairs Community Based Outpatient Clinic (CBOC), providing comprehensive healthcare services to approximately 6,300 veterans annually, with around 20,000 visits per year. The lease, with a firm term extending to August 10, 2032, demonstrates a strong commitment from the VA. A significant ±5,432 square foot expansion, completed in 2022, added a dedicated mental health wing. The property features specialized areas for audiology, cardiology, dermatology, optometry, primary care, specialty care, and mental health services. The asking price is $9,317,600, representing a 7.50% cap rate with a net operating income (NOI) of $699,000. The property is zoned C-4, allowing for potential future expansion behind the existing structure. The lease commenced on August 11, 2022. This is a rare opportunity to acquire a high-performing, mission-critical asset with a long-term, secure lease.

Highlights

  • ±30,475 SF single-story medical office building in Macon, GA, on a 3.57-acre lot.
  • 100% occupied by a US Department of Veterans Affairs Community Based Outpatient Clinic (CBOC) with a firm lease expiring August 11, 2032.
  • 20,000 annual patient visits.
  • ±5,432 SF expansion completed in 2022, adding a mental health wing; additional expansion potential.
  • 140 designated parking spaces.

Property Details for 5566 Thomaston Rd

Property type
Retail properties, Office properties
Square Feet
30,475 SF
Year Built/Renovated
2018/2022
Stories
1
Lot Size (sq. ft)
155,509 SF

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.833086
Longitude
-83.74373

FAQs

What type of property is this?
Retail property - High-yield, 100% occupied medical office building.
Where is the retail property located?
The property is located at 5566 Thomaston Rd Macon, GA.
What is the asking price?
The asking price for this property is $9,317,600.
What are key features of this property?
This property features: ±30,475 SF single-story medical office building in Macon, GA, on a 3.57-acre lot.; 100% occupied by a US Department of Veterans Affairs Community Based Outpatient Clinic (CBOC) with a firm lease expiring August 11, 2032.; 20,000 annual patient visits.
How can I contact the broker?
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5566 Thomaston Rd
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