1413-1425 Rocky Creek Rd | Macon-Bibb, GA 31206
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1413-1425 Rocky Creek Rd
Macon-Bibb, GA 31206
Grocery and Family Dollar Retail Center · Retail Property For Sale
Investment Highlights
- Grocery anchored neighborhood center co-anchored by Piggly Wiggly and Family Dollar, at a signalized hard corner with 37,500 VPD
- Tenants have been open and operating, and all tenants are current on rent – no concessions/forbearance since March
- Long-term operating history by committed tenancy with Piggly Wiggly on-site for 36 years & Family Dollar for 14 years
- 100% occupied with predictable cash flow; upside via escalations and potential to sell/develop Title Max outparcel
- Recent lease renewal and strong sales from Piggly Wiggly with consistent sales growth and a health ratio below 2%
- Family Dollar paid $150,000 to remodel their store in mid-2020; new restaurant lease signed in the past month with buildout in process
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
55,158 SF
Building Class
C
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
6.30 AC
Zoning
C2
Parking
292 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
343 FT on Rocky Creek
Amenities
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | O102-0206 | Improvements Assessment | $562,629 |
| Land Assessment | $225,462 | Total Assessment | $788,091 |
PROPERTY TAXES
Parcel Number
O102-0206
Land Assessment
$225,462
Improvements Assessment
$562,629
Total Assessment
$788,091
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