889 Second St, Macon, GA 31201
For Sale
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For Sale
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For Sale
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Property Description
Net Lease Investment Opportunity.
Tenant, Macon Vascular Care, LLC, in place for 10 year lease term.
*For more information please review the brochure and complete the confidentiality agreement attached.
Location:
Property is located on the campus of and less than a block from the 637 bed Medical Center Navicent Health and 1.2 miles from the 310 bed Coliseum Medical Center. Development is within 1/3 mile from subject property. It’s unique location in the heart of Macon’s Historic Downtown sets it apart from other investment opportunities. 1 mile from Exit 164 I-75 and 1.2 miles from Exit 2 I-16.
Property Highlights
Net Lease Investment Opportunity
Leased for 10 years
Great downtown location
2% annual increases
Property Details
General
- Property Name: Second St 873-889
- Price: $1,600,000.00
- Price Per SF: $344.16
- Property Status: WITHDRAWN
- Property Type: HEALTH CARE
- Sub Type: ACUTE CARE HOSPITAL
- Property Use: Investment Property
- Class: SALE
- Investment Property: Yes
- County: Bibb
- Lot Size: 0.32 Acres
Building
- Building Size: 4,649 SF
- Unit Size: 4,649 SF
- Year Built: 1966
- Building Class: A
- Tenancy: SINGLE
- Occupancy: 0
Utilities
- Utilities: ELECTRIC IS AVAILABLE
Financial
- Cap Rate: 7.40%
Features
Major Tenants
- Macon Vascular Group LLC
