418 Third Street

Description:

First Generation Restaurant Space (4,069± SF) - Neel's Lofts / Mixed Use Development - Downtown Macon
Bring your restaurant vision to life in Macon's most sought-after new address! Completion is set for January 2026.
Neel's Lofts, a stunning four-story development fronting Cherry Street and Third Street, will be home to 95 luxury lofts, 2 retail storefronts, a coworking space, and a premier restaurant opportunity.
Seating Capacity: 140±
Owner's Buildout Investment: Includes four 5-ton HVAC units, 3-phase electrical, ample outlets, plumbing stubbed, hood chase, sheetrock walls, exposed ceilings, restrooms, water and gas meters, grease trap and fire sprinklers
Tenant Improvement Allowance: $242,000 for light fixtures, flooring, paint, kitchen fixtures and more
Suite Features: Separate water and gas meters, grease trap, fire sprinklers and fully stubbed utilities for a seamless buildout
Ideal Operator: Multi-restaurant owner with a vision for expansion, a commitment to operational excellence, and a passion for delivering exceptional dining experiences
Minimum Lease: 10 years
Lease Rate: $18.00/PSF, NNN (NNN estimated @ $2.00/PSF) Total Monthly: $6,781.67
Incentive: 6 months free rent
Excluded Use: Bar (no bar-only concepts)
Noise Policy: No live music past 10PM (95 luxury lofts above)
Financing: Available through NewTown Macon

Downtown Macon:
86% Storefront Occupancy
400+ Businesses
25,000+ People work downtown
1,100+ Residents
830 Lofts
600 New hotel rooms projected in 3-5 years
Area median income: $70,700

Location Highlights:
High-visibility corner in the heart of downtown Macon
Surrounded by luxury residences and vibrant retail
Walkable to major attractions and business centers

1 Space Available

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