This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

907 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Value-Add Mixed Use Office (MLK Blvd) 440 Martin Luther King Jr. Blvd

46,200 SF 20% Leased Office Building Macon-Bibb, GA 31201 $8,504,820 CAD ($184 CAD/SF)

Office Space Georgia Macon-Bibb 440 Martin Luther King Jr. Blvd, Macon-Bibb, GA 31201

Investment Highlights

  • Strong Value Add Mixed-Use Building That Includes Several Tenants That Have Demonstrated Long Term Commitment to the Site
  • Management Upside – Opportunity to Renegotiate/Extend Leases and Raise Rents to Market (Rents in Vicinity For Retail Are $18-$22 Market Rent Per SF)
  • Great 3-Mile Radius Demographics With a Population of 41,789 Residents
  • Location - Strong Retail Corridor in the Heart of Downtown Macon With Traffic Counts Exceeding 26,000 Vehicles Per Day
  • Internet and Recession Proof Tenants
  • Located in the Heart of Downtown Macon Which is the 4th Largest City in Georgia

Executive Summary

Sands Investment Group is Pleased to Present For Sale the Mixed-Use Building Located in Macon, Georgia. This Deal Includes Strong Value Add Mixed-Use Building That Includes Several Tenants That Have Demonstrated Long Term Commitment to the Site, Providing For a Unique Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
46,200 SF
Building Class
B
Year Built
1919
Price
$8,504,820 CAD
Price Per SF
$184 CAD
Percent Leased
20%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,240 SF
Slab To Slab
12’
Building FAR
3.42
Lot Size
0.31 AC
Zoning
CBD1 - Central Business District

Amenities

  • Controlled Access
  • Fitness Center
  • Basement

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Elite Environmental Solution
  • Administrative and Support Services
  • 3,698 SF
  • $15.18 CAD
  • Modified Gross
  • -
  • Federal Defenders
  • Administrative and Support Services
  • 7,596 SF
  • $37.01 CAD
  • Modified Gross
  • Sep 2027
  • GSA
  • Administrative and Support Services
  • 4,185 SF
  • $25.13 CAD
  • Modified Gross
  • Dec 2025
  • Jacarah Duffy
  • Administrative and Support Services
  • 1,200 SF
  • $23.81 CAD
  • Net
  • Nov 2025
  • Toland Molnar
  • Administrative and Support Services
  • 2,979 SF
  • $21.84 CAD
  • Modified Gross
  • May 2025
  • Vacant (Clark Nexson)
  • Administrative and Support Services
  • 26,542 SF
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Elite Environmental Solution Administrative and Support Services 3,698 SF $15.18 CAD Modified Gross -
Federal Defenders Administrative and Support Services 7,596 SF $37.01 CAD Modified Gross Sep 2027
GSA Administrative and Support Services 4,185 SF $25.13 CAD Modified Gross Dec 2025
Jacarah Duffy Administrative and Support Services 1,200 SF $23.81 CAD Net Nov 2025
Toland Molnar Administrative and Support Services 2,979 SF $21.84 CAD Modified Gross May 2025
Vacant (Clark Nexson) Administrative and Support Services 26,542 SF - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Basement
  • 5,953 SF
  • Flex
  • Partial Build-Out
  • Now

Climate-controlled workshop on the lower level.

  • 1st Floor
  • 949 SF
  • Flex
  • Partial Build-Out
  • Now

Flex space with one loading dock door.

  • 1st Floor
  • 1,832 SF
  • Office
  • Partial Build-Out
  • Now
  • 1st Floor
  • 3,099 SF
  • Office
  • Partial Build-Out
  • Now
  • 1st Floor
  • 4,177 SF
  • Flex
  • Partial Build-Out
  • Now
  • 2nd Floor
  • 13,090 SF
  • Office
  • Partial Build-Out
  • Now
1/2
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Interior Photo- Image 1 of 2
Interior Photo
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Interior Photo- Image 2 of 2
Interior Photo
  • 3rd Floor
  • 6,809 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Floor
  • 1,170 SF
  • Office
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
Basement 5,953 SF Flex Partial Build-Out Now
1st Floor 949 SF Flex Partial Build-Out Now
1st Floor 1,832 SF Office Partial Build-Out Now
1st Floor 3,099 SF Office Partial Build-Out Now
1st Floor 4,177 SF Flex Partial Build-Out Now
2nd Floor 13,090 SF Office Partial Build-Out Now
3rd Floor 6,809 SF Office Partial Build-Out Now
3rd Floor 1,170 SF Office Partial Build-Out Now

Basement

Size
5,953 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size
949 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size
1,832 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
3,099 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
4,177 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
13,090 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor

Size
6,809 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor

Size
1,170 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Basement

Size 5,953 SF
Space Use Flex
Condition Partial Build-Out
Available Now

Climate-controlled workshop on the lower level.

1st Floor

Size 949 SF
Space Use Flex
Condition Partial Build-Out
Available Now

Flex space with one loading dock door.

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Interior Photo- Image 1 of 2
Second Floor Elevator Banks Servicing All Floors
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Interior Photo- Image 2 of 2
Second Floor Office - Full Build Out with Central Private Offices

2nd Floor

1/2
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Interior Photo- Image 1 of 2
Interior Photo
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Interior Photo- Image 2 of 2
Interior Photo
Size 13,090 SF
Space Use Office
Condition Partial Build-Out
Available Now

Links

1 of 1

PROPERTY TAXES

Parcel Number R073-0320 Improvements Assessment $1,923,360 CAD
Land Assessment $156,784 CAD Total Assessment $2,080,145 CAD

PROPERTY TAXES

Parcel Number
R073-0320
Land Assessment
$156,784 CAD
Improvements Assessment
$1,923,360 CAD
Total Assessment
$2,080,145 CAD
(404) 459-6193

Contacts

  • Listing ID: 34013402

  • Date on Market: 2024-11-27

  • Last Updated:

  • Address: 440 Martin Luther King Jr. Blvd, Macon-Bibb, GA 31201

The Office Property at 440 Martin Luther King Jr. Blvd, Macon-Bibb, GA 31201 is currently available for sale. Contact Sands Investment Group Atlanta, LLC for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Building Photo- Image 1 of 4
Building Photo
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Building Photo- Image 2 of 4
Building Photo
440 Martin Luther King Jr. Blvd, Macon-Bibb, GA for sale Building Photo- Image 3 of 4
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Value-Add Mixed Use Office (MLK Blvd) | 440 Martin Luther King Jr. Blvd
(404) 459-6193 x

Value-Add Mixed Use Office (MLK Blvd) | 440 Martin Luther King Jr. Blvd

1/4

Ross Staples

(404) 459-6193

(404) 459-6193

Munir Meghjani

(770) 501-3007

(770) 501-3007

Rahill Lakhani

(770) 880-0339

(770) 880-0339

Andrew Ackerman

(770) 626-0445

(770) 626-0445

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link