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t r a n s l a t e

Northside Square | 4-Building Office Center in Macon | 8% Cap Rate

3312 Northside Drive
Macon, GA 31210
PRICE : $4,250,000
CAP RATE: 8%
PROPERTY TYPE: Office
SITE SIZE: 3.13 Acres
BUILDING SIZE: 43,256 SF
YEAR BUILT: 1984

Highlights

  • ± 43,256 SF office property in Macon, GA
  • 8% cap rate on actual income
  • Owner/user or value-add investment opportunity (currently 76% occupied)
  • Located off I-75 with very high traffic counts of 57,586 vehicles per day and on Riverside Dr with traffic counts of 14,847 vehicles per day
  • High parking ratio (9.25/1,000 SF)

Description

Bull Realty is pleased to present Northside Square, a 76% occupied, value-add, office property well-located in Macon, GA off Northside Drive. The property is also clearly visible and easily accessible from I-75 South. Northside Drive brings in ± 9,452 vehicles per pay, while Riverside Drive brings in just under ± 15,000 vehicles on a daily basis. The property has a total of four separate buildings that sit on ± 3.13 acres. There are many new developments on the rise in Macon that will create upside in the market as well as create many new jobs for the city.

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