915 Hill Park
$1,490,000
915 Hill Park, Macon, GA 31201
21,000 sqft
Building Size
0.5881 acres
Lot Area
Details:
Description:
HISTORIC DOWNTOWN MACON
MULTI-TENANT OFFICE INVESTMENT
21,000± SF | FIVE TENANTS | 9+ CAP RATE
915 Hill Park presents an opportunity to acquire a substantial multi-tenant office investment in Downtown Macon. The property combines historic architectural character with established tenancy and in-place income. The offering includes a 0.16± acre rear parking lot located at 223 Spring Street, providing an important supporting component for this office property.
Three-story building plus basement
Five (5) tenants currently occupying the property
0.52± Acre total site
Includes 0.16± acre rear parking lot at 223 Spring Street.
Zoned CBD-1
NOI supports 9+ cap rate
AN INCOME-PRODUCING DOWNTOWN ASSET
The multi-tenant configuration provides diversified rental income within a single investment property.
Its Downtown Macon setting places the building near major employers, healthcare, government, professional services, restaurants and cultural destinations.
INVESTMENT POSITIONING
The property's current NOI supports an approximate 9+ cap rate based on the $1,490,000 offering price.
Attractive opportunity for an investor seeking an income-producing office asset.
CONFIDENTIAL FINANCIAL INFORMATION
Detailed rent roll and income/expenses are available to qualified prospects upon execution of a Confidentiality / Non-Disclosure Agreement (NDA).
Its Downtown Macon setting places the building near major employers, healthcare, government, professional services, restaurants and cultural destinations.
Location
Gallery
