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INVESTMENT HIGHLIGHTS
Strong National Tenants | The Center is occupied by strong national brands Ollie's Bargain Outlet, Rack Room Shoes, Cato Fashions, and Citi Trends.
Seasoned Operators | 22% of the center is occupied by long-term tenants that have operated at the Property for 11+ years.
Below Market Rents | The Property's rents average slightly above $6/SF gross, potential investors have the opportunity to negotiate new lease rates to substantially increase operating income.
Vacancy Upside | Opportunity for an investor to lease vacant spaces and increase NOI. The Property is currently 90% occupied.
New Development - Amphitheater | Macon-Bibb County is currently building an Amphitheater next to the Macon Mall and directly across from the Property.
Strong Retail Trade Area | Surrounded by national retailers such as Home Depot, ALDI, Kroger, Sam's Club, Best Buy, and Lowe's Home Improvement.
Highly-Trafficked Location, Excellent Access & Visibility | The Property is ideally-positioned at the signalized intersection on Mercer University Dr, across the street from Macon Mall.
Excellent Demographics | 5-mile population of 92K and an average household income of $66K within a 5-mile radius.
