SOLDRetail
Rob Bellenfant Of 615 Ventures Acquires Rivoli Crossing Retail Center In Macon For $10.6M
4357 Forsyth Road
$10,600,000
$110/SF
Building Size
95,977 SF
Asset Type
Retail
Closing
Oct 13, 2026
About this deal
AI
The property asset involved in the transaction is a retail shopping center located at 4357 Forsyth Road, Macon, GA. The sale price for the property was $10,600,000. The shopping center encompasses a total of 95,977 square feet and sits on 10.66 acres of land.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,600,000
- Square Footage: 95,977
- Price Per Square Foot: $110
- Buyer: Rob Bellenfant - 615 Ventures
- Seller: Robert Fransen - Coro Realty Advisors
- Brokers: Fred Victor, Sam Koonce, Teddy Driscoll & Matt Austin - Atlantic Retail
The transaction involved Atlantic Capital Partners, which arranged the sale. The shopping center was 53% leased to 12 tenants, including Orangetheory, Leslie’s Pool Supplies, and Dollar Tree, with The Fresh Market serving as the anchor tenant. Additionally, there were 43,694 square feet of vacant space in the center.
On the Map
$10,600,000
$110/SF
Retail
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Players
Macon Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.50%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93