Rivergate Shopping Center

JLL as selling agents are pleased to present Rivergate Shopping Center, located at 121 Tom Hill Sr. Blvd, Macon, GA 31210.

This offering represents a rare, value-add retail investment opportunity in a super-regional shopping hub. The property spans a substantial 185,630 SF with an 80% occupancy rate and generates a stable As-Is NOI of $2.24M. With significant leasing momentum from new tenants like Academy Sports and Onelife Fitness, Rivergate Shopping Center is poised for potential value creation through lease-up and mark-to-market opportunities.

The strategic positioning along I-75, with a traffic count of 95,000 VPD, provides exceptional regional access and multi-anchor drawing power. The center serves a densely populated area, with a 2025 projected population of 158,643 within five miles, and a daytime population exceeding 172,000. Average household incomes are robust at $111,447 within a one-mile radius, indicative of a prosperous consumer base.

Macon MSA's designation as a Top 10 Mid-Sized Metro for economic development underscores the area's growth potential. With over $1B in private capital committed regionally and strategic proximity to Atlanta, Savannah, and significant infrastructure assets, the investment horizon for Rivergate Shopping Center is bright.

This asset offers strong cash flow stability and a 5-year NOI CAGR of 4.5%+, supported by robust market fundamentals and limited competition. Significant potential for disposition optionality and enhanced income through strategic lease management further enhances its appeal to sophisticated investors seeking long-term returns.