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Revitalized Six-Unit Strip Mall
For Sale
$510,000

3457 Pio Nono Ave, Macon, GA 31206

Fully leased retail center with refreshed building systems and prominent exposure along Pio Nono Avenue.

Property Size6,498 SF
Price / SF$78.49
Days on Market151

Property Features for 3457 Pio Nono Ave

General Information

Standard status Active
Size 6,498 SF
Property subtype Shopping Strip
Occupancy 100%

Additional Details

Cap Rate 8.89%
Traffic Count 16,000 vehicles/day

Amenities

Surrounded In A Dense Trade Area- 6,819 People In A One-mile Radius, 44,088 In A Three-mile Radius
Immediate Trade Area Experiencing Modest Growth | Projected 1% In Population The Next 5 Years
Low Basis At $78/SF Gives A New Owner Significant Long-term Upside
High Yield Investment Opportunity At 8.89% CAP Rate
Value-add Opportunity By Converting Leases To NNN As They Expire

Building Details

Building Size 6,498 SF
Year Built 1989
Tenancy Multi
Listing Agency: Orlando Office
Listed By: Alex Goodale · License #FL: SL3582293
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 10:05PM

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 Orlando Office

Investment Insights

Based on property information with market context.

Built in 1989, this 6,498-square-foot strip mall contains six retail units and is currently 100 percent occupied. Recent improvements include a brand-new roof and other modern upgrades, providing a refreshed physical profile for the multi-tenant center. The property also reports an 8.89% cap rate.

The center fronts Pio Nono Avenue, where traffic is approximately 16,000 vehicles per day. Access to Eisenhower Parkway and Interstate 75 places the property near major regional routes, while the surrounding trade area includes national retailers and dense commercial activity.

Key Highlights

  • 6,498‑square‑foot multi‑tenant retail center with six units
  • 100 percent occupied across the retail center
  • Brand‑new roof and modern property upgrades

Property Analytics

Current Use

Lighthouse Baptist Church Church Wilder Than Van Recording Studio G&L Mart Grocery & Convenience Store Sarah African hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Apparel 9%
Roses Discount Store Shops & Services
22,133 visits/mo 0.4 miles
Dollar General Shops & Services
5,759 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
4,920 visits/mo 0.1 miles
Citi Trends Apparel
4,140 visits/mo 0.4 miles
Marathon Shops & Services
3,478 visits/mo 0.2 miles

Demographics for 31206, GA

26,519
Population
11,415
Households
2.3
Avg Household Size
33
Median Age
7%
College-Educated
79%
High-School Grad
26.6 sq mi
ZIP Area
997
Density / Sq Mi
$35,006
Median Household Income
$30,537
Median Earnings
$898
Median Rent
$84,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail center with refreshed building systems and prominent exposure along Pio Nono Avenue.
Where is this strip mall located?
The property is located at 3457 Pio Nono Ave Macon, GA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 6,498‑square‑foot multi‑tenant retail center with six units; 100 percent occupied across the retail center; Brand‑new roof and modern property upgrades
More about this property
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