Contacts

Tom de Jong

Jacob Becher

Jack Parkan

Property Details

Property Type Industrial - Warehouse/Distribution
Property Size 35,700 SF
Lot Size 123,275 SF
Additional Rent Contact for pricing
Date Updated Nov 20, 2024

Colliers’ de Jong | Becher team has been retained as the exclusive advisor by the ownership to offer for sale the property located at 4295 Interstate Drive, Macon, GA 31210. The property is fully stabilized self-storage asset built in 2004 with 35,700 net rentable square feet in 221 units plus 1 parking space. This owner managed facility will be delivered on an as-is, where-is basis and is currently at below market occupancy of 76.68% at a weighted average rental rate of $0.48 (storage). Market rents in the area are reported by Yardi Matrix as $0.60/SF non-climate controlled. Facility is managed by sellers and uses storEDGE management software. The property is offered free and clear of any debt allowing the investor/buyer to acquire the property utilizing their own preferred debt/equity deal structure. This is the first time the property has been listed on the market.

Sale Note
In-place net operating income of $101,562 on a trailing twelve-month basis based on current in-place rents and actual trailing twelve-month expenses. Additional upside with implementation of rental rate management, occupancy improvements and implementation of tenant protection.

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Attachments

Flyer 4295 Interstate Dr (i260954) (PDF) opens in new window

Getting around

31/100
Walk Score ®
29/100
Bike Score ®

Powered by Walk Score ®

City Macon, GA
Neighborhood Macon-Bibb
Zip Code 31210
Market Macon

Points of Interest

Flash Foods

1.03 miles
Kroger

1.23 miles
Circle K

1.32 miles
Murphy USA

1.40 miles
Blink

1.42 miles
Sunoco

1.43 miles
Sam's Club

1.51 miles
Citgo

2.01 miles
Shell

3.10 miles
Exxon

3.35 miles

Tommy's Express® Car Wash

5.01 miles

Captain D's

0.54 miles
Grafffiti's Pizza

0.93 miles
Sakura Poke & Hibachi

1.00 miles
McAlister's Deli

1.05 miles
Papa John's

1.06 miles
Cracker Barrel

1.16 miles
McDonald's

1.18 miles
Wingstop

1.21 miles
Cook Out

1.26 miles
Chick-fil-A

1.28 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.