5566 Thomaston Rd, Macon, GA 31220
30,475 SF | Office Building | Macon, GA 31220 | $9,317,600 ($306/SF) | 7.25% Cap Rate
For Sale
Active
3 pictures
Asking Price $9,317,600
- Property Type
-
Office
- Square Feet
- 30,475 SF
- Price / Square Foot
- $306
Listing Contacts
Davis Finney
Colt Neal
Will Baselj
- Property Info
Property Overview
Opportunity to acquire a ± 30,475 SF build-to-suit for the U.S. Department of Veterans Affairs. The CBOC facility was built in 2018; a ± 5,432 SF expansion was completed in 2022. The subject property was constructed in response to a rapid increase in demand for medical care for veterans throughout mid/South Georgia. This facility contains specialized features required in order to provide more comprehensive services to eligible military veterans including Audiology, Cardiology, Dermatology, Optometry, Primary care, Specialty care, and Mental health services. About 6,300 veterans are treated at this location with about 20,000 visits annually.
Property Details
- Class
- B
- Year Built/Renovated
- 2018/2022
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 155,509 SF
Highlights
- • Firm term of the lease extended from 5 to 8 years in a 2022 SLA
- • Firm term further extended through the full lease term in a 2024 SLA - illustrating strong VA commitment to the facility
- • Lease expiration: 8/11/2032 (firm throughout)
- • ± 5,432 SF expansion completed in 2022 for a mental health wing. Further expansion behind the facility is possible
- • 140 VA designated parking spots in front of and to the rear of the building
- • Strong building usage - 20,000 visits annually
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