3951 Arkwright Rd, Macon, GA
7,163 SF restaurant building located off I-75 in Macon, GA.
- Added:
- Apr 4, 2024
- Days on Market:
- 816
- Last Refresh:
- May 20 at 9:54 pm
Property Features for 3951 Arkwright Rd
General Information
- Standard status
- Active
- Size
- 7,163 SF
- Lot size
- 1.68 Acres
- Property subtype
- RETAIL
Properties For Sale
at 3951 Arkwright Rd Contact usListing office SRS Real Estate Partners - Atlanta (404) 231-2232
Listing date Apr 4, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Atlanta
HighLights
- Located right off highly traveled I‑75
- Current 7,163 SF Glory Days Grill
- Located next to a traffic light intersection for easy accessibility
- Surrounded by numerous hotels and popular chain restaurants
- High daytime population
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.7k | $15.60 |
| − Vacancy | −$6.3k | −$0.87 |
| EGI | $105.5k | $14.73 |
| − OpEx | −$26.4k | −$3.68 |
| NOI | $79.1k | $11.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6872
- Latitude
- 32.9071
