745 Pine St, Macon, GA 31201
6,664 SF medical office space in prime location.
- Added:
- May 25, 2023
- Days on Market:
- 1140
- Last Refresh:
- Jul 4 at 6:32 am
Property Features for 745 Pine St
General Information
- Standard status
- Active
- Size
- 6,664 SF
- Property subtype
- Special Purpose
Listing office The Summit Group (478) 750-7507
Listing date May 25, 2023
Source Crexi
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 The Summit Group
HighLights
- Price Reduced
- 6,664 SF medical office
- Great location just off Pine Street
- Directly across from Atrium Health Navicent
- Medical office
- Additional Property Details
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.9k | $24.00 |
| − Vacancy | −$11.2k | −$1.68 |
| EGI | $148.7k | $22.32 |
| − OpEx | −$59.5k | −$8.93 |
| NOI | $89.2k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6349926
- Latitude
- 32.8344029
