Sale-Leaseback NNN Portfolio

3 Retail Properties Online Auction Sale Multiple Locations

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Auction On May 5 - 7, 2025
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Auction Starts
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Auction Ends
Finalizing
$450,000 USD
Starting Bid
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Current Bid
Current Purchase Price
$100,000 USD
Bid Increment
Status
Reserve Not Met
In Progress
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$450,000 USD
Starting Bid
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Virtual Tour

INVESTMENT HIGHLIGHTS

  • Investment portfolio in Riverdale and Macon, Georgia, consisting of two spaces across three total properties with a NNN sale-leaseback opportunity.
  • All assets are in excellent retail-dense areas with access to major roadways allowing for a constant stream of patrons to the businesses.
  • Each sale-leaseback term is for five years with built in escalations allowing for a strong and stable investment for buyers.
  • Tenant is a luxury salon suite operator providing high-end, fully equipped spaces for beauty professionals.
  • Macon and Riverdale are both proximate to Atlanta allowing for small town charm with big-city amenities.
  • Because of the NNN nature of the leases there is minimal landlord responsibility, allowing for passing income.

EXECUTIVE SUMMARY

4849 Mercer University Drive in Macon and 823 & 827 Highway 138 in Riverdale create the ultimate investment opportunity in Georgia. 4849 Mercer University Drive is a 3,136 square foot building perched on 0.33 acres. The asset is highly accessible in Macon on a major roadway seeing over 19,400 vehicles daily. Built in 1977 the single-story property is beautifully maintained with a simple façade and monument signage. Once inside guests are greeted with tile flooring and many rooms to accommodate the salon tenants. 823 & 827 Highway 138 in Riverdale provide a two-property operational space perfect for the salon suite operator. The 823 building totals 4,013 square feet and the 827 building equals 1,458 square feet. The assets are situated on an ample 0.83 acres allowing for ample outdoor space for patrons and guests. The highly accessible location allows for high visibility and lofty traffic counts of over 21,000 vehicles per day. Both properties include special amenities to ensure a consistent quality amongst the portfolio. State-of-the-art shampoo and backwash systems, styling chairs, ionic hood dryers, hospital-grade air purification systems, and WiFi and HD TV services are provided in all suites.

The sale-leaseback allows for a reliable, steady stream of income for buyers seeking hands-off investments. The tenant is a luxury salon suite operator, providing high-end, fully equipped spaces for beauty professionals, including barbers, hairdressers, estheticians, and other independent service providers. As the sole tenant in this sale-leaseback transaction, they will continue to occupy and operate the property under a long-term lease, ensuring stable cash flow for the future owner. The company’s business model is centered around leasing individual suites to beauty professionals, allowing them to run their own businesses without the overhead costs of a traditional salon. This structure creates a diversified revenue stream for the tenant while offering a low-risk, turnkey solution for independent stylists. With a strong tenant in place and a proven business model, this sale-leaseback presents an attractive investment opportunity backed by a stable and resilient industry.

Discover the Georgia portfolio, the ultimate hands-off purchase for buyers seeking a one-of-a-kind investment.

Property tours are available by appointment only, please contact the listing broker to schedule.

OFFERING MEMORANDUM Click Here to Access

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Sale Type Investment
Status Active
Number of Properties 3
Total Building Size 8,607 SF
Total Land Area 1.17 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT
823 Highway 138, Riverdale, GA 30296 Retail 4,013 SF 1968
827 Highway 138 SW, Riverdale, GA 30296 Retail 1,458 SF 1968
4849 Mercer University Dr, Macon, GA 31210 Retail 3,136 SF 1977
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SALE ADVISOR

SALE ADVISOR

(678) 429-6098
Contact
Connor Cohen, Brokerage Associate
(678) 429-6098
Contact
Commercial real estate broker specializing in investment sales. Proactive, hardworking, and committed to exceptional customer service.

ABOUT THE AUCTION PLATFORM

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT

Derek Rudd
Auctioneer License: Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
  • Listing ID: 35186933

  • Date on Market: 2025-03-20

  • Last Updated:

  • Address: Sale-Leaseback NNN Portfolio, Riverdale, GA