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660 North Ave
Macon, GA 31211

Baconsfield Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
48,174 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
1.07
Lot Size
1.04 AC
Zoning
c-4

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

PROPERTY TAXES

Parcel Number
R071-0336
Land Assessment
$356,800
Improvements Assessment
$1,267,617
Total Assessment
$1,624,417
  • Listing ID: 15713100

  • Date on Market: 4/12/2019

  • Last Updated:

  • Address: 660 North Ave, Macon, GA 31211

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