Freestanding Multi-Tenant Office
For Sale
$595,000
2066 Watson Blvd, Warner Robins, GA 31093
Freestanding, fully renovated office building with multiple suites, including a medical tenant and two currently available spaces.
Property Size3,636 SF
Days on Market93
Property Features for 2066 Watson Blvd
General Information
Standard status
Active
Size
3,636 SF
Property subtype
Retail
Building Details
Building Size
3,636 SF
Year Built
1978
Year Renovated
2026
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Metro Brokers
Listed By:
Clay Shearouse · License #430071
(404) 457-4411
Source:
Commercialcafe
Added: Jul 21
Changed: Oct 21
Last Checked: Oct 20 at 5:30PM
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 Coldwell Banker Commercial Metro Brokers
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Investment Insights
Based on property information with market context.
This freestanding, multi-tenant office building offers a flexible layout and a recently renovated interior. The property is currently configured with one medical tenant and two fully renovated suites that are available for immediate occupancy, creating space for continued leasing or potential customization by an owner-user.
Located along Watson Boulevard in Warner Robins, the building sits on the area’s primary retail corridor that connects Interstate 75 to Robins Air Force Base. The property is presented with strong visibility along this heavily traveled commercial route.
For prospective buyers, the existing in-place tenant provides income while the two available suites support lease-up activity. The available suites are being marketed for lease, and the asking price is described as subject to increase as vacancies are filled and additional income is added to the asset.
Located along Watson Boulevard in Warner Robins, the building sits on the area’s primary retail corridor that connects Interstate 75 to Robins Air Force Base. The property is presented with strong visibility along this heavily traveled commercial route.
For prospective buyers, the existing in-place tenant provides income while the two available suites support lease-up activity. The available suites are being marketed for lease, and the asking price is described as subject to increase as vacancies are filled and additional income is added to the asset.
Key Highlights
- Freestanding, fully renovated multi‑tenant office building along Watson Boulevard in Warner Robins’ main retail corridor
- Medical tenant onsite paying below‑market rent
- Two fully renovated suites available for immediate occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,878
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,560
$857.6K
Cap Rate 7%
$612,543
$612.5K
Cap Rate 9%
$476,422
$476.4K
Market Conditions
NOI Build-Up for 3,636 SF
Gross rent
$79.8K $21.96/SF
− Vacancy
−$8.4K −$2.31/SF
EGI
$71.5K $19.65/SF
− OpEx
−$28.6K −$7.86/SF
NOI
$42.9K $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 Rate 5%
$857,560
Cap Rate 7%
$612,543
Cap Rate 9%
$476,422
Alternative Uses
Best Use
Healthcare Medical
$612.5K
$536.0K – $714.6K
NOI $42,878 @ 7.0% cap · market cap 7.21%
Second Best
Office B
$544.3K
$476.3K – $635.1K
NOI $38,104 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$784.8K
$686.7K – $915.6K
NOI $54,934 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
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Business Placement
Demographics for 31093, GA
28,614
Population
13,275
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
20.4 sq mi
ZIP Area
1,403
Density / Sq Mi
$48,186
Median Household Income
$32,542
Median Earnings
$966
Median Rent
$137,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Freestanding, fully renovated office building with multiple suites, including a medical tenant and two currently available spaces.
Where is this office unit located?
The property is located at 2066 Watson Blvd Warner Robins, GA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Freestanding, fully renovated multi‑tenant office building along Watson Boulevard in Warner Robins’ main retail corridor; Medical tenant onsite paying below‑market rent; Two fully renovated suites available for immediate occupancy
