1290 Gray Highway, Macon, GA

Retail for Sale - $1,100,000 - 1,798 Sq. Ft.


Agent Info

Patrick Barry
Coldwell Banker Commercial Eberhardt & Barry

Property Info

CIMLS#981959
Location
  1290 Gray Highway
  Macon GA 31211
UpdatedSeptember 23rd, 2021
TypeRetail
Price$1,100,000
Building1,798 Sq. Ft.

Contact


Property Description

· Located at signalized intersection of Gray Highway & Shurling Drive

· 1,798± SF Convenience store with fuel canopy

- Current tenant - Lease rate $3,750 / month

- Lease rate will increase to $4,250 / month in 2022

- Lease ends 10/31/2027

· Four (4) fuel islands with eight (8) pumps

· Fuel operating history:

Jan ‘21- Aug ‘21: 142,555 gallons

2020: 191,753 gallons

2019: 246,119 gallons

2018: 350,000 gallons

2017: 388,000 gallons

2016: 234,816 gallons

2015: 251,420 gallons

2014: 200,537 gallons

· 2020 - Inside sales (including Deli): $560,293.45

· (August 2021) Lottery sales: $29,244

· Built in 1971

· .48 ± Acres

· Two curb cuts; one on Gray Highway and one on Shurling Drive

· All utilities available to site.

· Zoned C4

· Daily traffic count: 47,600 vehicles per day

· 2021 Property Tax Bill: $4,608.67

· Neighbors: Walgreens, CVS, BB&T Bank, WMAZ TV Station, Waffle House, Captain D’s, Wal-Mart, Advance Auto, State Bank & Trust, Popeye’s, Church’s Chicken, Bank of America, Burger King, Krystal, Dairy Queen, Wendy’s & more!



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