154 Houston Lake Rd - Storefront Retail/Office FOR SALE


Warner Robins, GA 31088
$2,090,000 USD
478-475-2439
154 Houston Lake Rd, Warner Robins, GA for Sale
$2,090,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 7.74% Cap Rate

154 Houston Lake Rd
Warner Robins, GA 31088


HIGHLIGHTS

  • The property is offered at a 7.60% pro forma cap rate, with a Net Operating Income (NOI) of $161,846.
  • leven of twelve suites are fully leased, with a waiting list of prospective tenants for the remaining unit. All tenants have three-year lease terms.
  • The tenant roster is primarily made up of service-based businesses, offering insulation from e-commerce disruption.
  • The property is offered at a 7.60% pro forma cap rate, with a Net Operating Income (NOI) of $161,846.

OVERVIEW

Houston Commons II presents an opportunity to acquire a high-demand, multi-tenant retail center located at 154 Houston Lake Road in Warner Robins, GA—one of the city’s most desirable commercial corridors. This well-maintained 9,326-square-foot property is 91% leased and offers a strong pro forma capitalization rate of 7.60% with a current NOI of $161,846. The tenant mix is highly resilient, with 11 of the 12 suites leased to service-oriented, internet-resistant businesses, all on three-year lease terms. Demand for space in this center is consistently high, with units leasing within weeks of availability and a strong pipeline of prospective tenants. Ownership has strategically curated tenants to ensure long-term success and stability for the center. Originally built in 2006, the property underwent significant capital improvements and repairs in 2024, resulting in little to no deferred maintenance. The asset sits on 0.86 acres, features 30 parking spaces (3.33 per 1,000 SF), and enjoys excellent visibility with 206 feet of frontage on Houston Lake Road. Zoned C2 – Commercial, this property is ideally positioned for continued success in a thriving market. Additionally, the contiguous property at 150 S Houston Lake Road is also available for purchase, offering a rare chance to expand investment in this prime location.

FOR SALE DETAILS

PRICE

$2,090,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Houston Commons II

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

C2

APN/PARCEL ID

0W0780056000

ASK ABOUT THIS PROPERTY

Barry ToonB.A.T. ManagementMore Info
478-475-2439

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Barry ToonB.A.T. ManagementMore Info
478-475-2439

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