Industrial Asset with Absolute NNN
For Sale
Contact for pricing
244 MERCER JCT, Macon, GA 31210
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 Market60
Property Features for 244 MERCER JCT
General Information
Standard status
Active
Size
66,500 SF
Total Parking Spaces
244
Property subtype
Industrial
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$338,251
Additional Details
Cap Rate
7.5%
Building Details
Year Built
2006
Year Renovated
2012
Buildings
2
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Northmarq - Chicago
Listed By:
Isaiah Harf · License #IL 471019332
(312) 777-2437
Source:
Crexi
Added: Jul 7
Changed: Aug 31
Last Checked: Sep 4 at 6:46AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 31210, GA
35,345
Population
15,768
Households
2.2
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
41.3 sq mi
ZIP Area
856
Density / Sq Mi
$82,158
Median Household Income
$44,231
Median Earnings
$1,260
Median Rent
$259,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
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
