Value-Add Mixed Use Office

Value-Add Mixed-Use Office | Macon, GA

Sands Investment Group is Pleased to Present For Sale the Value-Add Mixed-Use Office 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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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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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities