Mixed-Use Property with NNN
For Sale
Contact for pricing
1282 South Houston Lake Road, Warner Robins, GA 31088
The asset supports a medical tenancy under an NNN lease.
Property Size6,400 SF
Price / SF$270.97
Days on Market120
Property Features for 1282 South Houston Lake Road
General Information
Standard status
Active
Size
6,400 SF
Class
B
Property subtype
Mixed Use
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$134,400
Additional Details
Cap Rate
7.75%
Building Details
Year Built
1995
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Ryan Burke · License #412701
Source:
Crexi
Added: May 4
Changed: Aug 31
Last Checked: Aug 31 at 3:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This mixed-use property comprises 6,400 square feet and was built in 1995. The asset is occupied by a medical tenant under an NNN lease structure, with a reported 7.75% cap rate.
The property is located at 1282 South Houston Lake Road in Warner Robins, Georgia. The tenant is associated with an operator serving more than 450 units, providing relevant operating scale for review.
The property is located at 1282 South Houston Lake Road in Warner Robins, Georgia. The tenant is associated with an operator serving more than 450 units, providing relevant operating scale for review.
Key Highlights
- 6,400‑square‑foot mixed‑use property built in 1995
- Medical tenancy under an NNN lease structure
- Reported 7.75% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,472
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,509,440
$1.5M
Cap Rate 7%
$1,078,171
$1.1M
Cap Rate 9%
$838,578
$838.6K
Market Conditions
NOI Build-Up for 6,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$140.5K $21.96/SF
− Vacancy
−$14.8K −$2.31/SF
EGI
$125.8K $19.65/SF
− OpEx
−$50.3K −$7.86/SF
NOI
$75.5K $11.79/SF
Area
Houston County, GA
Vacancy
10.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,509,440
Cap Rate 7%
$1,078,171
Cap Rate 9%
$838,578
Alternative Uses
Best Use
Healthcare Medical
$1.08M
$943.4K – $1.26M
NOI $75,472 @ 7.0% cap · market cap 4.35%
Second Best
Office B
$958.1K
$838.4K – $1.12M
NOI $67,069 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,694 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 31088, GA
57,034
Population
24,167
Households
2.4
Avg Household Size
36
Median Age
36%
College-Educated
94%
High-School Grad
29.4 sq mi
ZIP Area
1,940
Density / Sq Mi
$81,507
Median Household Income
$44,764
Median Earnings
$1,224
Median Rent
$189,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The asset supports a medical tenancy under an NNN lease.
Where is this mixed-use property located?
The property is located at 1282 South Houston Lake Road Warner Robins, GA.
What is the asking price?
The asking price for this property is $1,734,200.
What are key features of this property?
This property features: 6,400‑square‑foot mixed‑use property built in 1995; Medical tenancy under an NNN lease structure; Reported 7.75% cap rate
