Two-Tenant Medical
For Sale
Contact for pricing
640 Martin Luther King Jr Blvd, Macon, GA 31201
Medical office and dialysis facility with complementary healthcare occupants and NNN lease structures.
Property SizeContact for details
Lot Size1.24 Acres
Days on Market144
Property Features for 640 Martin Luther King Jr Blvd
General Information
Standard status
Active
Lot size
1.24 Acres
Property subtype
Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Northmarq - Tulsa
(918) 494-2690
Listed By:
Toby Scrivner · License #TX #452773
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:49AM
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 - Tulsa
Investment Insights
Based on property information with market context.
This fee-simple medical center combines office space with a dialysis facility on an approximately 1.24-acre site. The building is occupied by Macon Medical Group and DaVita, with the two tenants accounting for 48.5% and 51.5% of the property, respectively. Both leases have more than thirteen years remaining on fifteen-year base terms, along with two five-year renewal options and 2.0% annual rental increases. The leases use an NNN expense structure with minimal landlord responsibilities.
Located at 640 Martin Luther King Jr Blvd in Downtown Macon, the property offers immediate access to I-16 and I-75. The Medical Center Navicent Health, a 637-bed hospital, is approximately half a mile away. The asset provides a healthcare-focused tenant mix within a medical office setting.
Located at 640 Martin Luther King Jr Blvd in Downtown Macon, the property offers immediate access to I-16 and I-75. The Medical Center Navicent Health, a 637-bed hospital, is approximately half a mile away. The asset provides a healthcare-focused tenant mix within a medical office setting.
Key Highlights
- Two‑tenant medical office and dialysis building
- Approximately 1.24‑acre site with fee‑simple ownership
- Macon Medical Group occupies 48.5%; DaVita occupies 51.5%
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,015
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Medical office and dialysis facility with complementary healthcare occupants and NNN lease structures.
Where is this medical center located?
The property is located at 640 Martin Luther King Jr Blvd Macon, GA.
What are key features of this property?
This property features: Two‑tenant medical office and dialysis building; Approximately 1.24‑acre site with fee‑simple ownership; Macon Medical Group occupies 48.5%; DaVita occupies 51.5%
