150 S Houston Lake Rd - Retail FOR SALE


Warner Robins, GA 31088
$4,973,800 USD
478-475-3561
150 S Houston Lake Rd, Warner Robins, GA for Sale
$4,973,800 USD
Retail - FOR SALE
1/14
null | 7% Cap Rate

150 S Houston Lake Rd
Warner Robins, GA 31088


HIGHLIGHTS

  • Value added with increasing rent rates to market rate
  • Little to no deferred maintenance
  • Annual cash flow increases with few renewal options

OVERVIEW

Amazing opportunity to own Houston Commons I, a highly sought after retail center offering consistent low vacancy and high income. Located at the north end of S Houston Lake Road offering high traffic count and arguably the most desirable area of Warner Robins, GA. This center rarely has vacancies and lease within weeks when a unit becomes available. 100% leased with annual cash flow increased. Owners are very careful in choosing tenants in order to maximize success of the center. Internet protected center. Five to ten-year leases in place for eleven of the twelve tenants. Little to no deferred maintenance. Many improvements and major repairs completed in 2024 (see miscellaneous documents). Currently priced at 6.75% pro forma CR. Contiguous property at 154 S Houston Lake Road also available for purchase. 2% Buy side

FOR SALE DETAILS

PRICE

$4,973,800 USD

PRICE/SF

$244 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

C2

APN/PARCEL ID

0W0780057000

ASK ABOUT THIS PROPERTY

Barry ToonB.A.T. ManagementMore Info
478-475-3561

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Barry ToonB.A.T. ManagementMore Info
478-475-3561

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.