Property Description
Strong Anchor Tenant & Lease Structure: The property is anchored by Family Dollar, which has a long‐term lease in place. The lease was extended to 2031.
Excellent Location & Traffic Exposure - The property sits at a signalized intersection of Bloomfield Road & Chambers Street in Macon, GA, with over 21,000 vehicles passing daily.
Growing Consumer Base & Nearby Institutions - Proximity to higher education: within 2 miles of Middle Georgia State University and Central Georgia Technical College, and around 4 miles from Mercer University — total student enrollment over ~26,000.
Value‐Add Opportunity - The ~4,000 SF portion of the building presents an opportunity to reposition, renegotiate, or lease at higher rates, thereby capturing additional upside.
13% Vacancy - Vacant 1,500 square foot suite allows for future value-add potential with the ability to backfill the space.
Fee‐Simple Ownership, Built in 2003 - The property is offered on a fee‐simple basis, eliminating ground‐lease risk. Building is a single‐story structure, built in 2003, with a lot size of ~1.58 acres and ample parking (45 spaces). This age is relatively recent in retail, meaning likely lower near‐term capital expenditure risk.
Offering Memorandum
Property Details
Property Type
Retail
Size
11,800
Net-Lease
-
Acres
1.58
Property Location
4925 Bloomfield Rd, Macon, GA 31206, USA
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