For Sale
$1,021,000

3656 Jeffersonville RdMacon, GA 31217

High-yield, corporate-guaranteed retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This Macon, GA Family Dollar offers a fee-simple ownership opportunity in a prime retail location. The 8,000 square foot convenience store, built in 2004, sits on a one-acre lot with 34 parking spaces. Currently operating at 100% occupancy with a strong corporate guarantee, the property boasts a 7.50% cap rate and a Net Operating Income (NOI) of $76,560. The existing lease has one year remaining with two five-year options, each including a 10% rent increase. The property benefits from high visibility at a signalized intersection with significant daily traffic volume, proximity to Interstate-16, and a strong demographic profile within a five-mile radius, including a substantial population and high average household income. The property is zoned C-1: Neighborhood Commercial District and is located near other national retailers, including Walmart, Sam's Club, and Home Depot. This is an ideal low-management investment opportunity with significant upside potential. The property features excellent access and visibility, benefiting from its location near major roadways and a high-traffic intersection. The tenant, Family Dollar, is a well-established national retailer with a strong track record. This investment offers a combination of stability, growth potential, and limited landlord responsibilities.

Highlights

  • Corporate Guaranteed Lease, Investment Grade Tenant (S&P: BBB), with Extension Options.
  • Net Lease (NN), Fee Simple Ownership, Minimal Landlord Responsibilities.
  • High Visibility, Interstate 16 Frontage (87,300 VPD), National Credit Tenants, Direct Consumer Access, Macon MSA Location.
  • Strong Demographics within a 5-Mile Radius.

Property Details for 3656 Jeffersonville Rd

Property type
Lifestyle centers, Power centers
Square Feet
8,000 SF
Year Built
2004
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
1

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.8416329
Longitude
-83.5528779
3656 Jeffersonville Rd, Macon, Georgia

FAQs

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].
3656 Jeffersonville Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message