1271 Gray Highway, Macon, GA, 31211
Property Highlights
- Top 96th performer for the CVS chain in the state of GA
- Very high traffic counts of 38,300 and 22,300 vehicles per day
- Two large pylon signs on a hard corner with excellent visibility
- Tenant just exercised their second of six 5-year options with a 5% rent escalation
- Rent is very low at $20.29 PSF
- Store and Pharmacy are open 24 hours a day
Property Details
- Price: $4,801,000
- Property Type: Retail
- Transaction Type: For Sale
- Cap Rate: 5.0%
- Building Size: 11,288 SF
- Lot Size: 1.42 AC
- Lease Type: NN
- Space Use: Retail
- :
Financial Summary
Investment Highlights
Price | $0.00 |
Price / Unit | $0.00 |
Gross Rent Multiplier | 0.00 |
Proposed Loan Amount | $0.00 |
Initial Investment | $0.00 |
Income & Expenses
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
Net Operating Income | $0.00 | $0.00 |
Less Debt Service | $0 | $0 |
Potential Net Cash Flow | $0.00 | $0.00 |
Cash on Cash Return | 0.00 % | 0.00 % |
Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires |
Totals | $ 0.00 | $ 0.00 |