1904 Houston Lake Rd - Storefront FOR SALE


Perry, GA 31069
$3,675,000 USD
706-993-5010
1904 Houston Lake Rd, Perry, GA for Sale
$3,675,000 USD
Storefront - FOR SALE
1/9
null | 6% Cap Rate

1904 Houston Lake Rd
Perry, GA 31069


HIGHLIGHTS

  • 100% occupied
  • Newly constructed in 2025
  • Located along Perry’s primary growth corridor

OVERVIEW

INVESTMENT HIGHLIGHTS • 100% occupied with a lengthy WALT of over 8 years, providing stable and predictable cash flow for investors. • Newly constructed in 2025, offering modern design and functionality with no near-term capital expenditures required. • All tenants operate under NNN lease structures, minimizing landlord responsibilities and ensuring passive income. • 69% of the rent roll features rent escalations within the next five years, creating built-in income growth. • Adjacent to a newly developed Lennar residential community (280+ units), bringing consistent traffic and a growing consumer base directly to the center. • A Kroger-anchored shopping center is planned directly across the street, positioning the property at the center of a future retail hub. • Strong demographics with the 5-mile population projected to grow by 2.1% over the next five years, outpacing regional averages. • Service-oriented and needs-based tenant mix designed to thrive alongside residential growth and daily consumer demand. • Located along Perry’s primary growth corridor surrounded by new housing and planned commercial development, ensuring long-term tenant success.

FOR SALE DETAILS

PRICE

$3,675,000 USD

PRICE/SF

$482 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

RAG

APN/PARCEL ID

000560048000

ASK ABOUT THIS PROPERTY

Brent HaddenPalomar GroupMore Info
706-993-5010

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Brent HaddenPalomar GroupMore Info
706-993-5010

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