100% Occupied Retail Strip
For Sale
Contact for pricing
4641 Presidential Pkwy, Macon, GA 31206
Strip center offered for sale with 100% occupancy and national tenant income.
Property Size8,080 SF
Price / SF$321.16
Days on Market115
Property Features for 4641 Presidential Pkwy
General Information
Standard status
Active
Size
8,080 SF
Total Parking Spaces
80
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$181,472
Building Details
Year Built
2001
Buildings
1
Tenancy
Multi
Listing Agency:
Trinity Partners
Listed By:
Cheyenne Putnam · License #SC 104366
Source:
Crexi
Added: May 14
Changed: Aug 13
Last Checked: Sep 5 at 6:35AM
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 Trinity Partners
Investment Insights
Based on property information with market context.
This for-sale retail strip center is 100% occupied and totals 8,080 SF. The property generates income from national tenants and features a strong tenant mix including McAlister's, WingStop, and T-Mobile.
The asset is located at 4641 Presidential Pkwy in Macon, Georgia.
The current tenant roster provides an established, fully occupied retail configuration designed for buyers seeking an income-producing retail investment.
The asset is located at 4641 Presidential Pkwy in Macon, Georgia.
The current tenant roster provides an established, fully occupied retail configuration designed for buyers seeking an income-producing retail investment.
Key Highlights
- 8,080 SF strip center built in 2001
- 100% occupied with 100% of income from national tenants
- Strong tenant mix includes McAlister's, WingStop, and T‑Mobile
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,885
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,537,700
$1.5M
Cap Rate 7%
$1,098,357
$1.1M
Cap Rate 9%
$854,278
$854.3K
Market Conditions
NOI Build-Up for 8,080 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$116.4K $14.40/SF
− Vacancy
−$6.5K −$0.81/SF
EGI
$109.8K $13.59/SF
− OpEx
−$33.0K −$4.08/SF
NOI
$76.9K $9.52/SF
Area
Macon, GA
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,537,700
Cap Rate 7%
$1,098,357
Cap Rate 9%
$854,278
Alternative Uses
Best Use
Retail
$1.10M
$961.1K – $1.28M
NOI $76,885 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.55M
$1.35M – $1.80M
NOI $108,207 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
432k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 25%
Shops & Services 18%
Groceries 15%
Dining 13%
Sam's Club
Superstores
106,973 visits/mo
0.3 miles
Kroger
Groceries
47,210 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
31,401 visits/mo
0.2 miles
Best Buy
Electronics
29,745 visits/mo
0.2 miles
Ross Dress for Less
Apparel
26,407 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Strip center offered for sale with 100% occupancy and national tenant income.
Where is this strip mall located?
The property is located at 4641 Presidential Pkwy Macon, GA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: 8,080 SF strip center built in 2001; 100% occupied with 100% of income from national tenants; Strong tenant mix includes McAlister's, WingStop, and T‑Mobile
