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The subject property is a freestanding 2,078+/- sq. ft. Popeye' s building located on Mercer University Drive in Macon, Georgia since 1998. Approximately 10.5 years remain on the lease, with no renewals left, tenant has exercised all its options, giving the new owner a chance to renegotiate a new lease after the 10 years has expired. The Tenant is Sailormen, Popeye's Largest Franchisee with over 145 units, giving it a strong guarantee, they recently extended the lease term early in 2010, making the new lease expiration date December 31, 2024. The lease is structured as triple net (NNN) with landlord being responsible for certain repairs to the exterior walls only. All other expenses is the tenants responsibility. This is a great asset with store sales being above national average and increasing every year. Surrounded by national tenants such as Chuck E. Cheese' s, Steak n Shake, Checkers, Shell, Play It Again Sports, TitleMax, SunTrust Bank and Olive Garden. Within one-half mile of the subject property is the Macon Mall, a nearly 1 million square foot retail shopping and dining destination with major anchor tenants such as Macy' s, JCPenney, and Office Depot.
Price Upon Req.81,885 SF
Jones Lang LaSalle (JLL) is pleased to exclusively offer for sale the 81,885 square foot shopping center Eisenhower Crossing III (the Property ) located in Macon, Georgia. The Property is anchored by national tenants hhgregg (30,690 SF), PetSmart (20,087 SF), and recently-signed Sears Hometown (10,960 SF). Eisenhower Crossing III is situated within Eisenhower Crossing, the dominant power center in the Macon MSA, with a commanding anchor line-up including Kroger, Target, Home Depot, Best Buy, Michael' s, Ross Dress for Less, Aldi, Ashley Furniture and Bed Bath & Beyond. The excellent tenant mix creates extreme critical mass and drives customer traffic from all over central Georgia. Eisenhower Crossing III offers investors a unique opportunity to purchase a shopping center occupied by strong national anchor tenants with extended lease term located in the dominant power center in the trade area. Investors can benefit from strong in-place cash flow and the opportunity to add value through leasing momentum.
Wide Open Showroom. 2 Bathrooms. 2 Offices. Great Retail Space. 6160 SF. Could possibly be split into 2 units. Ample parking.
REDUCED!!!Fully leased strip center with high traffic volume & triple road frontage on North Ave, Emery Hwy & Wilson Street. Long-term tenants include a national pizza delivery franchise. Rents are currently below market so there is upside potential with increased rents. There is also a billboard on the property that will generate additional income. Built in the '40s but all systems are up to date & building is in good general condition.
Well established child care center with outstanding reputation within the community. Fully licensed, staffed and enrolled. This is a turn-key purchase allowing new owner to be making money from day one. Excellent location on high traffic main thoroughfare. This center is perfect for the first time child care owner or to expand your existing child care business. Act fast this one won't be on the market long. Financing, Licensing and Insurance arranged by School Investment Properties, Inc. (Over 850 schools sold since 1989). Call Madolyn Cole for all the details and be sure to ask about my other listings. This is a confidential listing please inquire via phone or email for proper sq ft on building. School Investment Properties, Inc. Madolyn Cole
1,250 sf Retail or Office Building with separate 3,000 sf warehouse with 12'x12' roll up door. Retail currently being renovated.
The subject property is a 6,572+/- square foot Tires Plus on approximately .79 acres in Macon, GA. The tenant, Bridgestone Retail Operations, LLC ( BSRO ), d/b/a Tires Plus, signed an initial 15-year lease in 1999. Showing their strong commitment and high level of comfort to this store and market, they just committed to a new 5- year lease term. The current lease term will expire on December 31, 2019,with tenant having 3, 5-year renewal options thereafter. There are scheduled 10 percent rental increases every five years. The tenant pays for the taxes, insurance and CAM for the property. Landlord is responsible for the roof. BSRO is the US retail arm of Japan-based tire giant Bridgestone, and it owns and operates about 2,200 service centers across the US under the Firestone Complete Auto Care, Expert Tire, Tires Plus, and Wheel Works banners. Currently, the Tires Plus brand operates approximately 500 stores in over 23 states.