Property profile

706 Houston Rd Warner Robins, GA 31093

OFF-MARKET
Outlet malls
Property ID
US22-1716410
12,000 SF 1.05 ac lot Built 1983
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple 12,000 square foot Dollar Tree store in Warner Robins, Georgia. Located at 706 N Houston Rd, this single-tenant property boasts a strong 9.2-year remaining lease term (expiring January 31, 2034), with four 5-year renewal options. The property, built in 2014, sits on a 1.05-acre lot and generates a substantial net operating income (NOI) of $108,000, resulting in an attractive 7.75% cap rate. The asking price is $1,393,548, translating to $116.13 per square foot. The lease is a net lease (NN+), minimizing landlord responsibilities. The property benefits from excellent visibility and accessibility, situated in a high-density area with over 80,886 people within a 5-mile radius and an average household income exceeding $66,888. Dollar Tree, a financially stable company with an investment-grade credit rating, provides significant security and growth potential. This is a rare opportunity to acquire a well-performing retail property with a long-term lease and a strong tenant in a thriving market. The property's financial performance, combined with the tenant's creditworthiness and lease terms, makes this an ideal investment for those seeking stable, long-term returns.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1983
Construction STEEL FRAME
Total area 12,000 SF
Lot 1.05 ac (45,738 SF)
Zoning code C2
APN 0W046A 002000
UPID US22-1716410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

706 Houston Rd Warner Robins, GA 31093-2197
Warner Robins metro Census 20200 WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2024
Last sale
$1.3M
7 recorded transactions
2024
$1.3M
2022
Price N/A
2022
$480,000
2017
Price N/A
2014
$250,000
2013
Price N/A
2010
Price N/A

Zoning & alternative use

C2 · Warner Robins, GA
Top alternative use upside
Auto repair, garage $1.9M +28.9%
Neighborhood: shopping center $1.8M +19.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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