1638 Watson Blvd Warner Robins, GA 31093-3430
This exceptional investment opportunity presents a 2,093-square-foot Krystal restaurant in Warner Robins, Georgia, boasting a prime location on Watson Boulevard, a major retail corridor with over 25,481 vehicles daily. The property features a dedicated drive-thru and benefits from its proximity to Robins Air Force Base, Houston Healthcare Medical Center, and City Crossing Shopping Center, ensuring high visibility and consistent customer traffic. The property, built in 1965 and renovated in 2016, is offered under a Net Lease (NNN) structure with zero landlord responsibilities. The current 15-year lease, commencing June 1, 2017, and expiring June 1, 2032, has approximately 7.5 years remaining, including six 5-year renewal options. The lease includes a 5% rent increase every five years, with the next increase scheduled for June 2027. The asking price is $933,353, representing a 6.50% cap rate and a price per square foot of $445.94. The 0.76-acre lot houses a single-story building with 100% occupancy. Krystal, established in 1932, is the second-oldest quick-service restaurant chain in the US, with approximately 300 locations across the Southeast. The property's strong performance, long-term lease, and strategic location make it an attractive investment opportunity in a densely populated area with over 98,133 residents within a five-mile radius. The tenant invested approximately $170,000 in renovations between 2015 and 2016. This established business enjoys a 35+ year operating history at this location.
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Krystal Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Warner Robins, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.