Peach Plaza — Sale in Macon, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Macon, GA 31206

Photos

Peach Plaza — Sale in Macon, GA, photo 1 of 2
Peach Plaza — Sale in Macon, GA, photo 2 of 2

Investment Figures

Cap rate
8.89%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 3457 Pio Nono Avenue, a 100 percent occupied, multi-tenant retail center located along one of Macon’s most active commercial corridors. Recently revitalized with a brand-new roof and modern upgrades, the property offers investors a stabilized income stream secured by committed tenants and immediate cash flow exceeding an 8% return from day one, with additional upside through NNN lease conversions. The center benefits from exceptional visibility along Pio Nono Avenue, which sees approximately 16,000 vehicles per day, and is positioned near major thoroughfares including Eisenhower Parkway and Interstate 75, ensuring strong accessibility and traffic flow. Featuring six units and priced at less than $80 per square foot, this property represents a rare high-cap-rate opportunity at a low price point. Situated in a dense trade area with strong demographics and proximity to national retailers, 3457 Pio Nono Avenue offers a compelling combination of stabilized cash flow and long-term growth potential in one of Middle Georgia’s most dynamic markets. Investment Highlights: • Surrounded In A Dense Trade Area- 6,819 People In A One-mile Radius, 44,088 In A Three-mile Radius • Immediate Trade Area Experiencing Modest Growth | Projected 1% In Population The Next 5 Years • Low Basis At $78/SF Gives A New Owner Significant Long-term Upside • High Yield Investment Opportunity At 8.89% CAP Rate • Value-add Opportunity By Converting Leases To NNN As They Expire

Market Context

This retail in Macon, GA is listed for sale. It is offered at an approximate 8.9% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Macon, GA — view the full market.

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