For Sale
For Sale
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Year Built
2007 (Renovated 2018)
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Overview
Downtown Macon, Bibb County, GA - Located in downtown Macon along the Ocmulgee River & Ocmulgee Heritage Trail
This Class "A" Office is uniquely situated in downtown Macon, Georgia just off the entrance ramp to Interstate 16. Located on the only office property adjacent to the Ocmulgee River, this beautiful, high-end, office building is 100% occupied. The two long term tenants have occupied their spaces since 2007.
The leases are full service with annual escalations based on CPI index. The anchor Tenant's lease of 38,864 RSF expires December 2031 with the secondary Tenant's lease expiring in 2022. Landlord is responsible for building maintenance, utilities and janitorial. TI Real Estate, the current management company is positioned to continue management for new ownership. This building is in pristine condition, with no deferred maintenance. Buyer may assume the mortgage which has a fixed rate of 4.58% for approximately 8 years or pay the hedge premium on the existing loan.
Property Details
ICE HOUSE
Downtown Macon, Bibb County, GA - Located in downtown Macon along the Ocmulgee River & Ocmulgee Heritage Trail
This Class "A" Office is uniquely situated in downtown Macon, Georgia just off the entrance ramp to Interstate 16. Located on the only office property adjacent to the Ocmulgee River, this beautiful, high-end, office building is 100% occupied. The two long term tenants have occupied their spaces since 2007.
The leases are full service with annual escalations based on CPI index. The anchor Tenant's lease of 38,864 RSF expires December 2031 with the secondary Tenant's lease expiring in 2022. Landlord is responsible for building maintenance, utilities and janitorial. TI Real Estate, the current management company is positioned to continue management for new ownership. This building is in pristine condition, with no deferred maintenance. Buyer may assume the mortgage which has a fixed rate of 4.58% for approximately 8 years or pay the hedge premium on the existing loan.
- Property TypeOffice
- Year Built2007Renovated 2018
- Sale Price$9,000,000
- Total Building Size43,500RSF
- ZoningCBD1
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2096959