478-746-8171

Coldwell Banker Commercial Eberhardt & Barry

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**SOLD** 3902 Northside Drive – Ashley Park Office Complex

$1,250,000

Cap Rate 11%

3902 Northside Drive
Bibb County
Macon, GA 31210

Listing Agent

Stephanie Folsom, CCIM

Stephanie Folsom, CCIM

Associate Broker | Partner
O: 478-746-8171
M: 478-361-8259
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Google Map of 3902 Northside Drive Macon,GA 31210

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Property Description

  • Subject property is located in North Macon on Northside Drive @ Tom Hill Sr. Boulevard, less than one mile from the Arkwright Road/Interstate 75 interchange.
  • Average Daily Traffic Count:  20,300 Vehicles Per Day
  • 19,200± Total Square Feet – Four Buildings @ 4,800± SF Each
    • Building “A” – Five (5) Office Suites
    • Building “B” – Six (6) Office Suites
    • Building “C” – Six (6) Office Suites
    • Building “D” – One (1) Office Suite
  • 100% Occupancy
  • Month-to-Month Suites:
      • Suite A1:  1,200 SF – Nightingale Staffing
      • Suite D:  4,800 SF – Leased @ $2,700/month. Gross discounted by $2,100/month.  Market rent $2,800/month.
  • Building “D”, 4,800± SF, can be occupied by the Buyer as current Tenant is month-to-month.
  • All buildings have central HVAC

$1,250,000  –  11% CAP RATE (See Brochure for Income/Expenses)

 

Property Details

Sale Type

For Sale

Property Type

Investment

Zoning

Planned Development Commercial

Building sq. ft.

4,800 sq. ft. - 19,200 sq. ft. (+/-)

Lot Size

3.83 acres (+/-)

Year Built

1985

Stories

4 Buildings - One Level

Parking Spaces

93

Multi Tenant

Yes

Property Pricing

Sale Price

$1,250,000

Cap Rate

11%

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