Single Tenant Net Leased - 8.5% Cap Rate | Downtown - Macon, GA

Investment Overview

Investment Highlights

• ±17,926 SF Industrial warehouse/office available in the heart of downtown.
• Net lease with 5+ years remaining with 2% annual rent increases and options.
• Strong guarantor, The Parts House, US subsidiary to multinational parent company, Marubeni (Tokyo, Japan).
• Longstanding operations of 30+ years at this location.
• Limited landlord responsibilities: Roof and structure.
• Why Macon?
• One of Georgia’s five largest MSA’s; Less than 90 minutes from Atlanta.
• Strong local economy anchored by aerospace/defense, advanced manufacturing and healthcare.
• City recently received over $1 BILLION in new private investments.
• Property located in the middle of a $300M downtown transformation project.
• Low cost of living and 4% unemployment rate!
• Pricing?
• AVAILABLE FOR SALE at $1,100,000 / 8.5% Cap Rate
• Also available as part of a 4 location GA Industrial Portfolio (OM Available Upon Request).