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- LoopNet Team
660 North Ave
Macon, GA 31211
Baconsfield Shopping Center · Retail Property For Sale
PROPERTY FACTS
- Storefront
- General Retail Storefront Retail/Residential
Amenities
- Bus Line
- Corner Lot
- Freeway Visibility
- Monument Signage
About 660 North Ave , Macon, GA 31211
***OPPORTUNITY ZONE*** W. Scott Wilson Properties, LLC is please to offer Baconsfield Shopping Center, a 36,595 sq ft Kroger shadow strip center in Macon, Ga. Great opportunity to acquire a well-maintained multi-tenant commercial plaza with a stabilized cash flow already in place. The subject property is in a Federal Opportunity Zone, an attractive investment vehicle created for investors to take advantage of the recent tax code changes. The changes allow for a reduction in capital gains tax through investments in qualified Opportunity Zones. The property is located at the intersection of Gray Highway(43,900 VPD) and I-16 (83,900 VPD) and serves all of the downtown Macon area and East Macon. The Kroger is a corporately owned store. The small shop occupancy historically has been 90% and above for many years and currently has 100% occupancy. Most have been there for many years with some over 15 years or longer. Grifols Biomat , the largest tenant , is a national plasma center that elected to exercise their first 5-year renewal early and currently have until 9/30/2024 until lease expiration. El Sombrero is the second largest tenant has been in the center since 1993.
PROPERTY TAXES
Parcel Number | R071-0336 | Improvements Assessment | $1,804,453 |
Land Assessment | $507,905 | Total Assessment | $2,312,358 |
PROPERTY TAXES
Listing ID: 15713100
Date on Market: 2019-04-12
Last Updated:
Address: 660 North Ave, Macon, GA 31211
The Retail Property at 660 North Ave, Macon, GA 31211 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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