Property summary
Middle Georgia Plaza, located at 140 W Dykes St in Cochran, GA 31014, presents a compelling investment opportunity. This single-story, 40,880 square foot retail center sits on an expansive 11.26-acre lot and boasts a Class B rating. Built in 1992, the property features 18-foot ceilings and offers multiple suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 29,000 square feet. Currently, 10,380 square feet are vacant, presenting a significant opportunity for expansion or new tenants. The property enjoys high visibility from Dykes Street, with daily traffic counts of 6,993 vehicles, and benefits from ample surface parking (198 spaces), monument signage, and multiple points of ingress/egress. The center is anchored by a grocery store and includes other established tenants such as Pizza Hut, Cricket Wireless, and a gym. Its strategic location in Cochran, 40 miles from Macon, GA, places it near Middle Georgia State University and numerous national retailers including Walmart, O'Reilly Auto Parts, Dollar General, and more. The property's zoning is commercial (APN: A14008), and it is served by Georgia Power. The expansive trade area within a 10-mile radius encompasses approximately 20,117 people with an average household income of $59,708. This property offers a unique blend of established tenancy and significant expansion potential in a thriving community. The property has five total suites. There are no elevators.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
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Gym & Fitness Center
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Bank Credit Union
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Mobile Phone Store Electronics & Wireless Store
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Atm Currency Exchange Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Cochran, GAZoning
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Zoning designation
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