4925 Bloomfield RdMacon, GA 31206

Property Details for 4925 Bloomfield Rd

Year built

2003

Lot size

1.58 AC

Property size (Sq ft)

11,800 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional retail investment opportunity presents a fee-simple, 11,800 square foot property located at 4925 Bloomfield Road, Macon, Georgia 31206. The property features a diverse tenancy of four units, currently operating at 100% occupancy, anchored by a Family Dollar store with a long-term lease extending to 2031, including built-in rent bumps. The building, constructed in 2003, sits on a 1.58-acre lot with ample parking (45 spaces). The property boasts a strong net operating income (NOI) of $122,046, resulting in an attractive 8.75% cap rate. The asking price is $1,395,000, translating to $118.22 per square foot. Situated in a high-traffic area with over 21,000 vehicles passing daily, the property benefits from its proximity to major retailers such as Walmart, Sam's Club, and Chick-fil-A, as well as several higher education institutions, including Middle Georgia State University and Mercer University. This prime location, combined with the strong tenancy and lease terms, offers a secure and potentially lucrative investment opportunity with significant upside potential through repositioning of a 4,000 square foot portion of the building currently occupied by three long-term tenants. The property is classified as Class A, with a double net (NN) lease structure. This is a multi-tenant property offering stability and diversification of income streams.

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8057

Longitude

-83.7074

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