Howard Dr Byron, GA 31008
- Retail properties
- 5,372 SF
- 9.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Howard Dr
- Year built
- 2025
- Lot size
- 9.20 lot acres
- Property size
- 5,372 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 5,372 square foot 7-Eleven convenience store and gas station situated on a substantial 9.2-acre parcel in Warner Robins, Georgia. The property boasts a new 18-year NNN lease commencing February 15, 2025, and expiring February 28, 2043, with built-in rent bumps. The tenant, 7-Eleven, Inc., is responsible for all property expenses, including taxes, insurance, and maintenance, ensuring a passive income stream for the owner. Backed by a strong corporate guarantee from 7-Eleven, this investment offers exceptional security and stability. The property features eight gasoline pumps and four high-speed diesel pumps, along with ample parking (44 regular spaces and 18 dedicated truck spaces) to accommodate high traffic volume. Its strategic location at the intersection of Centerville Road and John E Howard Dr, near Interstate 75 and GA-247, ensures high visibility and accessibility, benefiting from over 90,000 combined AADT. The property also includes a "Raise the Roost" restaurant concept, further enhancing its appeal and revenue potential. The 5.20% cap rate and $465,000 NOI make this a compelling investment opportunity with significant long-term growth potential in a thriving market. The property's modern 2025 construction and robust traffic counts contribute to its strong financial performance and future value appreciation. This offering is suitable for a 1031 exchange.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Byron
- County
- Peach
- State
- Georgia
- Longitude
- -83.7463
- Latitude
- 32.6104
