1372-1398 Gray Highway • Macon, GA 31211

Year Purchased: 2022
Purchase Amount: $2,575,000.00
Equity: $1,485,000.00

Market Square II Shopping Center was purchased in October 2022 and is a 22,474 square foot multi-tenant neighborhood shopping center located in Macon, GA (about an hour south of Atlanta). Built in 1988, the property boasts a strong group of e-commerce-resistant tenants, including 53% of the center that is leased to medical tenants. It is located adjacent to a high-traffic Dollar General Marketplace and is directly across the street from a Walmart Supercenter. The center was 85% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.