Industrial Asset with Absolute NNN
244 MERCER JCT Macon, GA 31210
244 MERCER JCT, Macon, GA, 31210
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For Sale
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Industrial building offered with an absolute NNN lease featuring zero landlord responsibilities and 5% annual rent increases.
Property Size66,500 SF
Price / SF$67.82
Days on Market15
Property Features for 244 MERCER JCT
General Information
- Standard status
- Active
- Size
- 66,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing agency
Northmarq - Chicago
(312) 777-2437
Listed by
Isaiah Harf · License #IL 471019332
Source
Crexi
Added: Jul 7 Updated: Jul 20 at 6:07PM Checked: Jul 20 at 6:07PM
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 Northmarq - Chicago
Investment Insights
Based on property information with market context.
Northmarq presents IPL Plastics, an industrial property located at 244 Mercer Junction in Macon, GA. The offering is structured as an absolute NNN lease with zero landlord responsibilities, along with 5% annual rent increases.
The property is reported at 66,500± SF and is being marketed based on current NOI of $338,251, reflecting a 7.50% cap rate on the NOI stated in the remarks. This is a single-tenant industrial asset for investors seeking a lease-backed return profile with fixed annual growth tied to the lease terms.
The property is reported at 66,500± SF and is being marketed based on current NOI of $338,251, reflecting a 7.50% cap rate on the NOI stated in the remarks. This is a single-tenant industrial asset for investors seeking a lease-backed return profile with fixed annual growth tied to the lease terms.
Key Highlights
- 66,500± SF industrial asset at 244 Mercer Junction, Macon, GA, built in 2006
- Absolute NNN lease with zero landlord responsibilities
- 5% annual rent increases under the lease
Property Analytics
Location Intelligence
Current Use by Public Records
Encore plastics corporation
Warehouse & Storage
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Industrial building offered with an absolute NNN lease featuring zero landlord responsibilities and 5% annual rent increases.
Where is this nnn property located?
The property is located at 244 MERCER JCT Macon, GA.
What is the asking price?
The asking price for this property is $4,510,009.
What are key features of this property?
This property features: 66,500± SF industrial asset at 244 Mercer Junction, Macon, GA, built in 2006; Absolute NNN lease with zero landlord responsibilities; 5% annual rent increases under the lease
