3479 Mercer University Dr, Macon, GA 31204
The property is leased on a triple-net basis with four five-year renewal options.
Property Features for 3479 Mercer University Dr
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The lease places no landlord responsibilities on the owner and includes four tenant renewal options, each lasting five years. Contractual rent increases of 1.85% begin in Year 7 and continue through the balance of the initial term and the renewal periods. The lease also carries a corporate guarantee from Driven Brands Inc.
Key Highlights
- ICWG Car Wash at 3479 Mercer University Dr, Macon, GA 31204
- 20‑year triple‑net lease executed in December 2020
- No landlord responsibilities under the lease
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Vacancy Rate% for Retail in South region