Rivergate Shopping Center — Sale in Macon, GA

  • Price: $111K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Macon, GA 31210
  • Year built: 1989

Photos

Rivergate Shopping Center — Sale in Macon, GA, photo 1 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 2 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 3 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 4 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 5 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 6 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 7 of 8
Rivergate Shopping Center — Sale in Macon, GA, photo 8 of 8

Description

JLL is pleased to present Rivergate Shopping Center, located at 121 Tom Hill Sr. Blvd, Macon, GA 31210. This offering represents a rare, value-add retail investment opportunity in a super-regional shopping hub with a 50+ mile trade area. The property spans a substantial 185,630 SF with an 80% occupancy rate . With significant leasing momentum from new tenants including Academy Sports and Onelife Fitness, Rivergate Shopping Center is poised for potential value creation through 36K SF of additional lease-up and mark-to-market opportunities embedded throughout the rent roll. The strategic positioning along I-75, with a traffic count of 95,000 VPD , provides exceptional regional access. The center serves a densely populated area, with a 2025 projected population of 158,643 within five miles, and a daytime population exceeding 172,000 . Average household incomes are robust at $111,447 within a one-mile radius, indicative of a prosperous consumer base. Macon MSA's designation as a Top 10 Mid-Sized Metro for economic development underscores the area's growth potential. With over $1B in private capital committed regionally and strategic proximity to Atlanta, Savannah, and significant infrastructure assets, the investment horizon for Rivergate Shopping Center is bright . This asset offers strong cash flow stability and a 5-year NOI CAGR of 6.5%+ , supported by robust market fundamentals and limited competition. Significant potential for disposition optionality and enhanced income through strategic lease management further enhances its appeal to sophisticated investors seeking long-term returns.

Market Context

This retail in Macon, GA is listed for sale at $111,447. The building dates to 1989. Compare it against other retail listings for sale in Macon, GA — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Macon, GA