Upcoming Auctions

Macon, Georgia - Retail Property - 1901 Eisenhower, Macon, GA
Macon, Georgia - Retail Property
Auction Date:
To Be Determined
Address:
1901 Eisenhower
Macon, GA
United States
[Map | Driving Directions]
Type:
Retail
Representatives:
LOUIS BENJAMIN FISHER III
DAVID E. GILMORE, CAI, AARE

Retail Property

Major Institution Directs Immediate Sealed Bid. Sealed Bid Deadline: June 20, 2008, 3:00 P.M. E.D.T. Also available are retail properties in Rowlett Texas and Garland Texas.

Please follow the instructions below to obtain a Property Information Package:

1. Read the General Information then click on "Property Information Package" on the right
2. Enter your contact information then scroll to the bottom and check off the package(s) you would like to view
3. Click "Continue"
4. Click "View Details"
5. The Executive Summary will appear. Please review the Location, Photos and Links and Other Information tabs.

The Due Diligence files are located in the "Document Vault". The access codes for each of the properties "Document Vault" are as follows:

Rowlett - rowlett
Garland - garland
Macon - macon

Please use lower case for all access codes.

1901 Eisenhower Parkway Macon, GA 31206

Minimum Bid $2,850,000

PROPERTY DESCRIPTION

The property is a 102,088 sf freestanding "big box" that was outfitted for Big K-Mart. It's located on Eisenhower Parkway and Heron Street at a signalized intersection. The offering includes a 1.67 acre outparcel located on the corner of Paul Walsh Drive and Heron Street. The maximum building size is 7,500 sf.

The site offers excellent access of Eisenhower Parkway, unlike many other properties along the corridor. According to Macon's Department of Planning, several hundred thousand dollars were spent to create the entrance. The property can also be accessed via Paul Walsh drive which is the access road that runs parallel to Eisenhower and features the neighboring auto dealerships.

There is also an additional 91 acres available, located directly behind the K-Mart to the south.


LOCATION DESCRIPTION

The property is located on Eisenhower Parkway in Macon, Georgia, approximately 80 miles southeast of Atlanta. Eisenhower Parkway is a primary thoroughfare connecting I-475 and I-75. Macon Mall, a 1.4 million sf mall, is located 1/2 mile away.

New development has taken place to the west (near I-475) and to the north (near I-75 and I-16). Additional vacancy lies to the east on Eisenhower Pkwy, however, the subject site is the only freestanding building available on its own parcel, offering a new user complete control.

Macon is located in Central Georgia and the city has a population of approximately 100,000 while the MSA's population is more than 225,000. Korean tire manufacturer Kumho Tire Co., Inc. recently announced it will locate its first US manufacturing facility in Macon. The new 1.3 million sf plant will be located on the southern part of town and will create 450 jobs and $240 million in investment.



Additional Photographs

interior 1 of macon
interior 1 of macon