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Single-Tenant NNN Property
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356 Walnut Street, Macon, GA 31201

CBD-zoned downtown commercial property with a single-tenant net lease structure.

Property Size17,926 SF
Price / SF$61.36
Days on Market16

Property Features for 356 Walnut Street

General Information

Standard status Active
Size 17,926 SF
Property subtype Industrial
Zoning CBD
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $94,112

Additional Details

Cap Rate 8.5%

Building Details

Year Built 1945
Year Renovated 1971
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Bull Realty
Listed By: Adam Willhite · License #439777
Source: Crexi
Added: Jul 27 Changed: Aug 9 Last Checked: Aug 10 at 6:21AM

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 Bull Realty

Investment Insights

Based on property information with market context.

This single-tenant NNN property at 356 Walnut Street offers 17,926 square feet within a commercial building constructed in 1945. The asset carries CBD zoning and is positioned in downtown Macon, providing a clearly defined urban commercial setting.

The property is subject to a net lease and reports an 8.5% cap rate. Its location, zoning, building scale, and established construction date provide the core physical and operating facts for evaluating the asset.

Key Highlights

  • 17,926‑square‑foot commercial property at 356 Walnut Street
  • Single‑tenant net lease structure
  • 8.5% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility Locksmith Home Appliance Store Auto Parts Store HVAC Service Food Market

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

Location Intelligence

Trade Area within ½ mile

3,339
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 30%
Zaxby's Chicken Fingers & Buffalo Wings Dining
23,024 visits/mo 0.4 miles
Burger King Dining
22,525 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
12,505 visits/mo 0.3 miles
Krystal Dining
9,642 visits/mo 0.4 miles
Checkers Dining
8,506 visits/mo 0.4 miles

Demographics for 31201, GA

8,882
Population
4,916
Households
1.8
Avg Household Size
35
Median Age
29%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
945
Density / Sq Mi
$22,936
Median Household Income
$27,311
Median Earnings
$912
Median Rent
$151,400
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - CBD-zoned downtown commercial property with a single-tenant net lease structure.
Where is this nnn property located?
The property is located at 356 Walnut Street Macon, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 17,926‑square‑foot commercial property at 356 Walnut Street; Single‑tenant net lease structure; 8.5% cap rate
(404) 876-1640 Call to check price and availability
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