Value-Add Mixed Use Office

Value-Add Mixed Use Office (MLK Blvd) | Macon, GA


Sands Investment Group is Pleased to Present For Sale the Value-Add Mixed Use Office Asset Located in Macon, Georgia. This Deal Includes Strong Value Add Mixed-Use Building That Includes Several Tenants That Have Demonstrated Long Term Commitment to the Site, Providing For a Unique Investment.

  • Strong Value Add Mixed-Use Building That Includes Several Tenants That Have Demonstrated Long Term Commitment to the Site
  • Location – Strong Retail Corridor in the Heart of Downtown Macon With Traffic Counts Exceeding 26,000 Vehicles Per Day
  • Management Upside – Opportunity to Renegotiate/Extend Leases and Raise Rents to Market (Rents in Vicinity For Retail Are $18-$22 Market Rent Per SF)
  • Internet and Recession Proof Tenants
  • Great 3-Mile Radius Demographics With a Population of 41,789 Residents
  • Located in the Heart of Downtown Macon Which is the 4th Largest City in Georgia
  • Commercial District With Large Commercial Buildings, Retail Strips, Grocery and Restaurants Within Walking Distance and Surrounded By Pockets of Affluent Residential and Multi-Family in Close Proximity

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Truist Mixed Use Building

Truist Mixed Use Building | Macon, GA


Sands Investment Group is Pleased to Present For Sale One of the Top Performing Truist Mixed Use Building Asset Located in Downtown Macon, Georgia. This Deal Includes a Mix of Long Term Tenants With an Anchored Tenant in Truist, Providing For a Unique Investment.

  • Mixed-Use Building That Includes a Truist Bank With Deposit Amounts That Exceeds $833M in Deposits as of June 30, 2023 Making This Location One of the Top Performing Truist Branches in the State of GA
  • Management Upside – Opportunity to Renegotiate/Extend Leases and Raise Rents to Market (Rents in Vicinity For Retail Are $18-$22 Market Rent Per SF)
  • Located in Strong Retail Corridor in the Heart of Downtown Macon With Traffic Counts Exceeding 26,000 Vehicles Per Day
  • Great 3-Mile Radius Demographics With a Population of 40,000+ Residents
  • Internet and Recession Proof Tenants
  • Located in the Heart of Downtown Macon Which is the 4th Largest City in Georgia
  • Commercial District With Large Commercial Buildings, Retail Strips, Grocery and Restaurants Within Walking Distance and Surrounded By Pockets of Affluent Residential and Multi-Family in Close Proximity

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Auto Dealership NNN

Auto Dealership – For Sale or Lease | Macon, GA


Sands Investment Group is Pleased to Exclusively Offer For Sale or Lease the 15,594 SF Auto Dealership NNN Property Located at 2110 Eisenhower Parkway in Macon, Georgia. This Deal Includes Former Car Dealership Ideally Suited For Auto Sales/Collision Repair Situated on a Large 4.11 Acre Lot With Approximately 143 Parking Spaces, Providing For a Secure Investment.

  • Former Car Dealership Ideally Suited For Auto Sales/Collision Repair
  • Large 4.11 Acre Lot With Approximately 143 Parking Spaces Directly Off of Eisenhower Pky Which Sees Over 23,131 VPD
  • Strong Retail Corridor – Eisenhower Pkwy is Home to Numerous Large Retail Tenants Including, Harbor Freight, Lowe’s, Honda, Academy Sports and the Macon Mall
  • More Than 90,735 Residents Located Within a 5-Mile Radius
  • Major Thoroughfare – Atlantic Blvd Sees Over 23,000 VPD
  • Above Standard Parking Ratio of Eight (8) Per Thousand (1,000) Rentable Square Feet
  • There is Currently a 15,594 SF Structure On the Property

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Ferguson Waterworks NN

Ferguson Waterworks | Macon, GA


Sands Investment Group is Pleased to Present Exclusively For Sale the 38,951 SF Ferguson Waterworks NN Asset Located at 187 Lower Poplar Street in Macon, GA. The Tenant Has Operated at This Location Since 2006 and Just Recently Signed a 3-Year Extension, Continuing to Show Long Term Commitment to the Site, Providing For a Unique Investment.

  • Ferguson LLC, Headquartered in Newport News, Virginia, is the Largest U.S Distributor of Plumbing Supplies, PVF, Waterworks and Fire and Fabrication Products; it is Also a Major Distributor of HVAC Equipment and Industrial Products and Services
  • Ended the 2019 Fiscal Year With Sales of $18.4 Billion
  • Ferguson Has an S&P Global Rating of BBB+ as of October 21, 2022
  • Tenant Has Operated at This Location Since 2006 and Just Recently Signed a 3-Year Extension, Continuing to Show Long Term Commitment to the Site
  • Property is Located in an Improving Area in Macon With Lots of Redevelopment Projects Currently Under Way
  • Property is Located Near Highways 129 and 16
  • Strong Demographics With a Population of 81,984 Residents Making an Average Household Income of $50,175 Within 5- Miles

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Eisenhower Crossing Strip Center

Eisenhower Crossing | Macon, GA


Sands Investment Group is Pleased to Present For Sale the Eisenhower Crossing Strip Center Located in Macon, Georgia. This Deal Includes a Strip Center That Has a Diverse Tenant Mix of Both Local and Credit Tenants, Providing For an Excellent Investment.

  • Located in Macon, Georgia, Which is the Fourth-Largest City in the State; Macon is a Growing City With a Diverse Economy and a Strong Demand For Retail Space
  • Frontage on Eisenhower Parkway – US 80, With Traffic Count of Around 20,000 Cars; This High Traffic Count Could Translate Into Increased Visibility and Foot Traffic For the Businesses in the Strip Center, Potentially Leading to Increased Sales and Revenue
  • Fully Leased Providing For Immediate, Stable Cash Flow and Low Vacancy Risk
  • Divers Tenant Mix With National Tenants That Include McAllister’s and T-Mobile
  • National Tenants Have Excellent Rent-to-Sales Ratio, Indicating Tenant Health and Stability
  • Anchored By McAllister’s Deli, a National Tenant Which Has Operated Out of the Space Since 2004
  • National Tenants Make Up For 77% of the Net Operating Income
  • High Construction Quality and Modern Design From 2001
  • Incredible Parking Ratio of 10/1,000 With 80 Parking Spots For Customers

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Mobil | Macon, GA


Sands Investment Group is Pleased to Present Exclusively For Sale the 1,400 SF Mobil Absolute NNN Lease Branded Fuel Station and Convenience Store at 3224 Vineville Avenue in Macon, Georgia. This Deal Includes 18+ Years Remaining on an Absolute Triple Net Lease (NNN) With No Landlord Responsibilities, Providing For a Secure Investment.

  • 18+ Years Remaining on an Absolute Triple Net Lease (NNN) With No Landlord Responsibilities – Creating Consistent Passive Cash Flow
  • Fully Renovated in 2020 During COVID; Renovation Entirely Paid For and Completed By the Tenant Showing Strong Commitment to This Site
  • Attractive 2% Annual Rental Increases
  • 600 Unit and Growing Corporate Guarantor; Paid Rent in Full During COVID With No Lease Modifications Proving Their Financial Wherewithal and Partnership-Like Attitude With Their Landlords
  • Unique Accelerated Depreciation Eligible Asset Creating Attractive Depreciation Expenses (Consult Your CPA)
  • Excellent Visibility in a High Traffic Location With Egress and Ingress
  • Situated Near Interstate 75 Which Sees Over 87,300 Vehicles per Day
  • Over 101,402 Residents Live Within a 5-Mile Radius Making an Average Household Income of $52,516
  • Nearby Tenant Mix is Impressive and Include: AutoZone, O’Reilly Auto Parts, Dollar General, Red Lobster, CVS Pharmacy, Panda Express and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Rivergate Shopping Center | Macon, GA


Sands Investment Group is Pleased to Exclusively Offer For Sale the NNN Multi Tenant Shopping Center Located in Macon, Georgia. This Outparcel Includes Two Freestanding Restaurants, Starbucks and Dunkin’/Baskin Robbins, Which Are on Either Side of a 3 Tenant Building. Starbucks Recently Executed a 10 Year Extension at This Location, While Dunkin Also Recently Renewed Its Lease For 15 Years Extending it Until 2035. The 3 Tenant Building Includes Subway, Papouli’s and Xhale City.

  • 7,720 SF Outparcel That Sits Directly on Tom Hill Sr Boulevard
  • Includes a Starbucks & Dunkin’/Baskin Robbins That Are on Either Side of a 3 Tenant Building
  • Starbucks Has a New 10 Year Lease Renewal; the Tenant Has Been at This Location Since 2005, Demonstrating Commitment to the Site
  • Dunkin’/Baskin Robbins Recently Renewed its Lease For 15 Years Which Expires in 2035 and Has Been at This Location Since 2005
  • Subway Has Been in Place Since 1990
  • Papouli’s, a Greek Restaurant, Has Been in Place For Over 10 Years
  • Parking Lot is in the Process of Being Resurfaced and Installing a New Asphalt Overlay
  • Strong Traffic Counts – Over 21,900 Vehicles Per Day on Tom Hill Sr Boulevard
  • Located on One of the Strongest Retail Arterials Within Macon
  • Close to a Number of a Hotels and Macon Conference Center
  • Located 4-Miles to Wesleyan College
  • Other Nearby Tenants Include: Kroger, Chick-fil-A, Taco Bell, McDonald’s, Chipotle, Wendy’s, Burger King, Family Dollar, Panda Express and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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absolute nnn convenience store

Gulf | Macon, GA


Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute NNN Convenience Store Investment Located at 885 Martin Luther King Boulevard in Macon, Georgia.

  • Brand New 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Renovated During 2019 and Have New Dealers in Place When the Grand Re-Opening Occurs in June
  • 2% Annual Rent Increases – Next Increase Set to Occur on 10/1/2020
  • Four (4) x Five (5) Year Options to Renew
  • Blended CAP Rate of 8.89% Over Lease Term
  • Guarantor, Valued at Approximately $400 Million, Supplied Over 200 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2019); Guarantor Generated Over $434 Million in Revenue in 2019 and Operates in 7 States: GA, TX, SC, LA, AR, AL and MS; Additional Information on Guarantor is Available Upon Execution of a Confidentiality Agreement
  • Strong Store Performance – 3.5 x Rent Coverage
  • Developing and High Growth Area – Population Expected to Increase by 3.6% Within a 1-Mile Radius Over the Next 5 Years
  • Signalized Hard Corner Location With Excellent Visibility Along With Egress / Ingress and Multiple Access Points
  • Population of Over 46,000 Residents Within a 3-Mile Radius of the Property
  • Less Than 2-Miles From Mercer University – Student Population of Over 8,000 People
  • Close Proximity to Navicent Medical Center and Coliseum Medical Hospital – With Over 300 Beds

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Marathon | Macon, GA


Sands Investment Group is Pleased to Exclusively Offer For Sale the Marathon Absolute NNN Lease Investment Opportunity Located at 2840 Riverside Drive in Macon, Georgia.

  • New 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Renovated During 2019 and Have New Dealers in Place When the Grand Re-Opening Occurs in June
  • 2% Annual Rent Increases – Next Increase Set to Occur on 10/1/2020
  • Four (4) x Five (5) Year Options to Renew
  • Blended CAP Rate of 8.89% Over Lease Term
  • Guarantor, Valued at Approximately $400 Million, Supplied Over 200 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2019); Guarantor Generated Over $434 Million in Revenue in 2019 and Operates in 7 States: GA, TX, SC, LA, AR, AL and MS; Additional Information on Guarantor is Available Upon Execution of a Confidentiality Agreement
  • Strong Store Performance – 3.8 x Rent Coverage
  • Highway Visibility and Immediate Access Off Interstate 75 Which Sees Over 77,900 Vehicles Per Day
  • Riverside Drive (Parallel to I-75) Sees Over 26,000 Vehicles Per Day
  • Signalized Corner Location With Excellent Visibility and Access From Riverside Drive and King Alfred Road
  • Population of Over 30,604 Residents Within a 3-Mile Radius of the Property
  • Nearby Tenants Include: Marco’s Pizza, Waffle House, Firestone, Arby’s, BB&T, SunTrust, Mobile, Longhorn Steakhouse, Comfort Inn, Outback Steakhouse, Stein Mart, Firehouse Subs and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Phillips 66 | Macon, GA


Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute NNN Gas Station Investment Property Located at 3224 Vineville Avenue in Macon, Georgia.

  • Brand New 20 Year Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
  • 2% Annual Rent Increases
  • Four (4) x Five (5) Year Options to Renew
  • Blended CAP Rate of 8.50% Over Lease Term
  • Guarantor Supplied Over 165 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2018); Guarantor Generated Over $400 Million in Revenue in 2018 and Operates in 7 States: GA, TX, SC, LA, AR, AL and MS; Additional Information on Guarantor is Available Upon Execution of a Confidentiality Agreement
  • Strong Store Performance – 5.3 x Rent Coverage
  • Excellent Visibility in a High Traffic Location With Egress and Ingress
  • Population of Over 100,927 Residents Within a 5-Mile Radius of the Property
  • Local Businesses Nearby Include: China Inn, Dawson’s Kitchen, Greek Corner Pizza and More
  • Located Along Dense Retail Corridor With Select National Credit Neighboring Tenants Including: O’Reilly Auto Parts, AutoZone, Subway, Kroger, Firehouse Subs, Walgreens and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Westminster Apartments | Macon, GA


Sands Investment Group is pleased to present for sale this multifamily asset, Westminster Apartments, located at 1655 North Atwood Drive in Macon, Georgia.

  • Price Per Unit – $45,000 High Occupancy
  • Excellent 5-Mile Demos – Population of 96,530 People with an Average Household Income of Over $50,811
  • Centrally Located to Lots of Retail Shopping Options and Other Services
  • 40 Unit Townhome Style Apartment Complex
  • Four (4) 1 Bedroom/1 Bath Units
  • Twenty-Four (24) 2 Bedroom/1.5 Bath Units
  • Twelve (12) 3 Bedroom/1.5 Bath Units
  • Centrally Located Near Macon Mall (±0.6 Miles) and Plenty of Retail Shopping Options and Area POI
  • Conveniently Situated Only ±2 Miles from I-475 and ±2.5 Miles from Middle Georgia State University – Macon Campus
  • Located Within the Macon-Bibb County Combined Statistical Area and ±81 Miles South of Atlanta
  • ±55.46% of Housing With A 1-Mile Radius are Renter-Occupied Units

In Cooperation with Sands Investment Group Atlanta, LLC – Lic # 67374

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Citgo | Macon, GA

 

  • In 2015 the Landlord Spent Over $230,000 in Renovations Such as Complete Interior, Expansion of Store Size by Adding Krispy Krunchy Chicken, and Re-Imaged CITGO with New Drop in Exterior
  • Surrounded by Neighborhoods and Local/Regional Retail Tenants
  • Located Close to Super Storage Macon, Childcare Network, Pine Ridge Apartments and Woodlawn Memorial Park
  • Location Has Great Ingress/Egress
  • Strong Traffic Count of 49,030 VPD Right Off of Gray Highway
  • RM Investments Owns and Operates Over 24 Stores with a Net Worth of Over $28 Million and Over a Decade of Experience
  • Long Term Absolute NNN Lease – New Year 15 Lease with 1.25% Annual Increases and 4 x 5 Year Options
  • Absolute Net Lease (NNN) – Tenant is Responsible for All Expenses Including Roof, Structure, Taxes, Insurance and Common Area Maintenance

In Cooperation with Sands Investment Group Atlanta, LLC

BoR: Andrew Ackerman – Lic # H-67374

Former IHOP

 

  • Great Owner/User or Potential Re-Development Opportunity
  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Guaranteed Income for Remainder of Lease Term
  • Situated on the Main Retail Thoroughfare
  • Excellent Traffic Counts – 49,431 VPD
  • In Cooperation with Sands Investment Group Atlanta, LLC Lic # H-67374

Family Dollar

 

  • Brand New 2016 Brick Construction
  • 15 Year Absolute NNN Lease
  • 10% Rental Increase in Year 11
  • Multiple Big Box Retailers Surrounding the Site Include: Home Depot, Target, Best Buy and Sam’s Club
  • Population of 97,783 in a 5 Mile Radius & 163,534 in a 10 Mile Radius
  • Situated West of Macon Mall
  • Located Less Than 5 Miles from Wesleyan College and Mercer University with an Enrollment of Over 10,000 Students Combined
  • Standard and Poor’s Credit rating of BB+
  • Family Dollar & Dollar Tree Have Over 13,000 Locations Nationwide
  • Family Dollar was Recently Acquired by Dollar Tree, Inc. and is Now Considered to be the Nation’s Largest Small-Box Discount