706 N Houston Rd

For Sale

706 N Houston Rd, Warner Robins, GA 31093

This Warner Robins property for sale is located at 706 N Houston Rd. The current listed sale price for 706 N Houston Rd is $1,542,857. 706 N Houston Rd is situated on a lot that is 1.05 acre in size.

Contacts

broker

Clay Smith

Matthews Real Estate Investment Services

(615) 412-1630

broker

Hutt Cooke

Matthews Real Estate Investment Services

(615) 667-0097

broker

Carter Beatty

Matthews Real Estate Investment Services

(615) 623-9855

Property Details

  • Property Type Retail
  • Property Size 12,000 SF
  • Lot Size 1.05 Acre
  • Cap Rate % 7
  • Year Built 1983
  • Date Updated Dec 5, 2023

LONG TERM LEASE – Dollar Tree has over 10 years remaining on their original 10 year lease, allowing for a long term investment

MINIMAL LANDLORD OBLIGATIONS – The tenant in on a Modified NNN lease allowing for minimal landlord responsibilities and a passive investmen

OPTIONS TO EXTEND LEASE – Dollar Tree has four, 5-year options to extend the lease

CORPORATE GUARANTY – Dollar Tree corporate has guaranteed the lease, allowing for security of income

GREAT ACCESS – The site boasts from access off of both Green St and N Houston Rd.

DENSE POPULATION – There are more than 80,886 people located within a 5 mile radius.

AFFLUENT SUBURB – The average household income in a 5 mile radius is more than $66,888.

LARGE LOT SIZE – Dollar Tree sits on an oversized lot at ±1.05 acres.

INVESTMENT GRADE CREDIT – Dollar Tree currently has a credit rating of BBB, which is considered to be investment grade.

EXPANDING TENANT – Dollar Tree opened 455 stores in 2022 and plans to open as many as 650 in 2023.

HUGE REVENUE – Dollar Tree’s revenue in 2022 was $28.32 Billion.

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Getting around

  • 65/100

    Walk Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Warner Robins, GA
  • Neighborhood Honey Ridge Plantation
  • Zip Code 31093
  • Market Macon

Points of Interest

  • VP Racing Fuels

    0.25 miles

  • Murphy Express

    1.98 miles

  • Circle K

    2.48 miles

  • Kroger Fuel Center

    2.49 miles

  • Murphy USA

    2.85 miles

  • Kroger

    3.18 miles

  • Enmark

    3.25 miles

  • Fillers

    3.94 miles

  • Hop-In

    4.03 miles

  • Sunoco

    4.22 miles

  • Wellston Trail

    1.01 miles

  • Checkers

    0.59 miles

  • McDonald's

    0.64 miles

  • Chick-fil-A

    0.66 miles

  • Long John Silver's

    0.67 miles

  • Greek Village

    0.67 miles

  • Burger King

    0.68 miles

  • Church's Chicken

    0.69 miles

  • Arby's

    0.93 miles

  • Popeyes

    1.32 miles

  • Cracker Barrel

    1.78 miles

  • Walmart Neighborhood Market

    0.16 miles

  • International Square

    0.69 miles

  • Walmart Supercenter

    1.94 miles

  • Kroger

    2.57 miles

  • Belk

    2.65 miles

  • Target

    2.70 miles

  • JCPenney

    2.74 miles

  • Houston County Galleria

    2.74 miles

  • ALDI

    3.02 miles

  • Walmart Supercenter

    3.06 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 706 N Houston Rd