Current Use by Public Records
- Family Dollar / Discount Store
Property Details for 4925 Bloomfield Rd
- Year built
- 2003
- Lot size
- 1.58 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 11,800 square foot retail property in Macon, Georgia, anchored by a Family Dollar store. Located at 4925 Bloomfield Rd, this Class A, single-tenant net lease property sits on a 1.58-acre lot with 45 parking spaces. The Family Dollar lease, in place since 2003, has been recently extended, providing long-term stability with built-in rent bumps. The property boasts a strong 8.75% cap rate and a substantial net operating income (NOI) of $122,046. The building, constructed in 2003, features four units, with the Family Dollar occupying the majority of the space. Three additional long-term tenants occupy the remaining 4,000 square feet. This prime location benefits from high traffic counts exceeding 21,000 vehicles daily, proximity to major retailers (including Walmart and Sam's Club), and its strategic placement near several higher education institutions, ensuring consistent demand and future growth potential. The property is offered fee simple with a ground lease in place. This is a passive income opportunity with minimal landlord responsibilities, offering a secure and lucrative return on investment. The asking price is $1,395,000, translating to $118.22 per square foot.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.7074
- Latitude
- 32.8057
