Property summary
This exceptional investment opportunity presents a ±30,475 square foot, single-story medical office building located at 5566 Thomaston Rd, Macon, GA 31220, in Bibb County. The property, built in 2018 and renovated in 2022, sits on a 3.57-acre lot and boasts 140 designated parking spaces. Currently operating at 100% occupancy, the building serves as a U.S. Department of Veterans Affairs Community Based Outpatient Clinic (CBOC), providing comprehensive healthcare services to approximately 6,300 veterans annually, with around 20,000 visits per year. The lease, with a firm term extending to August 10, 2032, demonstrates a strong commitment from the VA. A significant ±5,432 square foot expansion, completed in 2022, added a dedicated mental health wing. The property features specialized areas for audiology, cardiology, dermatology, optometry, primary care, specialty care, and mental health services. The asking price is $9,317,600, representing a 7.50% cap rate with a net operating income (NOI) of $699,000. The property is zoned C-4, allowing for potential future expansion behind the existing structure. The lease commenced on August 11, 2022. This is a rare opportunity to acquire a high-performing, mission-critical asset with a long-term, secure lease.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Macon, GA1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 -…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-4 in Macon, GA.
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