3902 Northside Drive – Ashley Park Office Complex

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
• 93% Occupancy
• 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  –  9.7% CAP RATE (See Brochure for Income/Expenses)

If self-managed, the Income is $134,703 and Cap Rate is 10.8%.