706 Houston Rd Warner Robins, GA 31093-2197

Property Details for 706 Houston Rd

Year built

1983

Construction

STEEL FRAME

Lot size

1.05 lot acres

Property size

12,000 SF

Zone code

C2

Property type

Outlet malls

Property subtype

Shopping centers

APN

0W046A 002000

APU

0W046A002000

Description

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.

Location Insight

City

Warner Robins

County

Houston

State

Georgia

Longitude

-83.641

Latitude

32.6271

CBSA code

47580

CBSA name

WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments