110 Holiday Dr - Office FOR SALE


Macon-Bibb, GA 31210
$1,395,000 USD
478-951-9460
110 Holiday Dr, Macon-Bibb, GA for Sale
$1,395,000 USD
Office - FOR SALE
1/15
null | 8.22% Cap Rate

110 Holiday Dr
Macon-Bibb, GA 31210


HIGHLIGHTS

  • Long term main tenant
  • Great location
  • room for upside

OVERVIEW

W. Scott Wilson Properties LLC is pleased to offer this multi-tenant building, located adjacent to the Tom Hill retail corridor area of Macon, GA at 110 Holiday Drive (the “Property”). The offering is comprised of an approximately one acre of land along with fee simple ownership rights to a 16,000 sq ft office building that is 50% leased by the Georgia Public Library that has been at this location for 24years, with 15% leased by State Board of Worker’s Compensation that has been a tenant for the last 4 years, and finally with two vacancies of 2773 sq ft and 2767 sq ft, both in move in condition providing some upside. This property is offered at a stabilized cap rate of 11.72% and an 8.22% cap rate on in place NOI.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

8.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C-2

APN/PARCEL ID

N043-0123

ASK ABOUT THIS PROPERTY

Scott WilsonW. Scott Wilson Properties LLCMore Info
478-951-9460

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Scott WilsonW. Scott Wilson Properties LLCMore Info
478-951-9460

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.