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3479 Mercer University Dr
Macon-Bibb, GA 31204
International Car Wash Group · Specialty Property For Sale · 3,249 SF

INVESTMENT HIGHLIGHTS

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Land
  • Accelerated Depreciation: This Property Qualifies for 15 Year Accelerated Depreciation
  • Robust Demographics| Population Exceeds 93,000 Individuals Within a 5-Mile Radius
  • Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) “ICWG” and the More Than 900 Locations
  • Dense Retail Corridor| Lowe’s, Ollie’s Bargain Outlet, Big Lots, Citi Trends, Burlington, AutoZone, Firestone, American Car Center, Honda, Burger King
  • Strong Academic Presence | Less Than Two Miles from Central Georgia Technical College| Over 6,000 Students Enrolled

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 1.06 AC
Building Size 3,249 SF
No. Stories 1
Year Built 1995
Parking Ratio 2.77/1,000 SF
Zoning C2 - General Commercial

ABOUT 3479 MERCER UNIVERSITY DR , MACON-BIBB, GA 31204

The subject Car Wash benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers, hospitality accommodations, and academic institutions. Major national tenants in the area include Lowe’s, Ollie’s Bargain Outlet, Big Lots, Citi Trends, Burlington, AutoZone, Firestone, American Car Center, Honda, Burger King, Chick-fil-A, Taco Bell, Pizza Hut, Applebee’s and many more. The property is also within immediate proximity of several hospitality accommodations. These include Holiday Inn Express & Suites, Ramada by Wyndham, Days Inn by Wyndham, La Quinta Inn & Suites by Wyndham, Best Western Inn and Suites of Macon and more. The subject property also benefits from its close proximity to several academic institutions, the most notable being Central Georgia Technical College. The public university is less than two-miles from the subject property and has over 6,000 students enrolled. Medical Center Navicent Health is also located less than four-miles from the subject property, which is a 637-bed general and surgical hospital. The site is situated on Mercer University Drive, which has an average daily traffic count of 31,000 vehicles. North Georgia Highway 9 runs parallel to Eisenhower Parkway and intersects Bloomfield Road, which bring an additional 21,500 and 10,500 vehicles into the immediate area per day, respectively. There are approximately 56,000 individuals within a three-mile radius of this property and 93,000 individuals within a five-mile radius. Macon is a mid-sized southern city which buried its initially roots as a textile mill town. The downtown area has a large and often-used riverfront park, and the city has more entries on the National Register of Historic Places than any other city in Georgia. The city’s central Georgian location gave the city the name ‘The Heart of Georgia’ and alongside a business-friendly environment, it has attracted an assortment of automotive and aerospace manufacturers and distributors. Warner Robins is a military town 15 miles south supporting the large Warner Robins Air Force Base, the largest employer in the state. The area has a richer cultural and art presence than many others of its type. The Georgia Music Hall of Fame highlights state music achievements, and the city is well known for Southern-style music, food and restaurants. There are three hospitals and a strong healthcare/education presence.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N083-0142
Land Assessment
$79,668
Improvements Assessment
$185,068
Total Assessment
$264,736
  • Listing ID: 18771874

  • Date on Market: 3/6/2020

  • Last Updated:

  • Address: 3479 Mercer University Dr, Macon-Bibb, GA 31204

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