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1104 Gray Hwy
Macon-Bibb, GA 31211
Truist · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- Approximately 5 Years Remaining
- High Visibility on Gray Highway (43,113 VPD)
- Strong Operating History
- One 3-Year Option and Five 5-Year Options remaining
EXECUTIVE SUMMARY
Rise Property Group is pleased to present this Truist Bank Bank for sale in Sylvester, GA. Truist has a strong operating history at the site and committed to an early extension. There is approximately 5 years remaining on the Lease with One 3-Year Option and Five 5-Year Options remaining.
The site is centrally located in Macon, GA, surrounded by multiple national and local businesses.
The site is centrally located in Macon, GA, surrounded by multiple national and local businesses.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
3,747 SF
Building Class
C
Year Built
1978
Price
$1,477,609
Price Per SF
$394.34
Cap Rate
6.25%
NOI
$92,351
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
C-4 - Commercial
Frontage
AMENITIES
- Banking
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $115,694 | |
| Land Assessment | $97,503 | Total Assessment | $213,197 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$97,503
Improvements Assessment
$115,694
Total Assessment
$213,197
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