Retail Building on Houston
For Sale
Contact for pricing
6109 Houston Rd, Macon, GA 31216
16,750 SF retail building on 2.38 acres for sale.
Property Size16,750 SF
Lot Size2.38 Acres
Price / SF$107.46
Days on Market2354
Property Features for 6109 Houston Rd
General Information
Standard status
Active
Size
16,750 SF
Lot size
2.38 Acres
Property subtype
Retail
Building Details
Year Built
2008
Listing Agency:
Fickling & Company
Listed By:
Wendy H. Pierce · License #GA 161835
Source:
Crexi
Added: Feb 24, 2020
Changed: Jul 6
Last Checked: Aug 5 at 1:32PM
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 Fickling & Company
Investment Insights
Based on property information with market context.
A 16,750 SF standalone retail building is available for sale. The building, situated on 2.38 acres, includes a side drive-through/drop-off lane and ample paved parking. The property is currently occupied by Goodwill Industries, with the lease terminating upon sale, making it available for an end user. The property is located on Houston Road, near Ace Hardware, Fincher's BBQ, Texas Border Grill, Kumho Tires, CVS, Citgo, Exxon, Family Dollar, Food Depot, Subway, Pizza Hut, Amazon Fulfillment Center, and Kohl’s Distribution Center.
Key Highlights
- 16,750 SF standalone retail building on 2.38 Acres.
- Available for end user (lease terminates with sale).
- Ample paved parking on site.
Financial Insights For Retail
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 | $241.2k | $14.40 |
| − Vacancy | −$13.5k | −$0.81 |
| EGI | $227.7k | $13.59 |
| − OpEx | −$68.3k | −$4.08 |
| NOI | $159.4k | $9.52 |
16,750 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.28M
$1.99M – $2.66M
NOI $159,385 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.20M
$2.80M – $3.74M
NOI $224,316 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 31216, GA
16,379
Population
6,439
Households
2.5
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
57.4 sq mi
ZIP Area
285
Density / Sq Mi
$70,166
Median Household Income
$45,618
Median Earnings
$1,107
Median Rent
$192,900
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?
Retail space - 16,750 SF retail building on 2.38 acres for sale.
Where is this retail space located?
The property is located at 6109 Houston Rd Macon, GA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 16,750 SF standalone retail building on 2.38 Acres.; Available for end user (lease terminates with sale).; Ample paved parking on site.
