706 N Houston Rd
706 N Houston Rd, Warner Robins, GA 31093
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.
Building Details
- For Sale $1,542,857
- Property Type Retail
- Property Size 12,000 SF
- Lot Size 1.05 Acre
- Cap Rate % 7
- Additional Rent Price on request
- Year Built 1983
- Date Updated Jan 23, 2025
Reach out to the broker for more info on lease terms and amenities
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Contacts
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Location
- City Warner Robins, GA
- Neighborhood Honey Ridge Plantation
- Zip Code 31093
- Market Macon
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Walk score 65/100 Somewhat Walkable -
Bike score 68/100 Bikeable
Points of Interest
Walmart
0.13 miles
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
Wellston Trail
1.01 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
Kohl's
3.12 miles
Listing Summary
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Property Financials 706 N Houston Rd is currently listed for sale at $1,542,857 for a price per square foot of $128.57.
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Property Details 706 N Houston Rd totals 12,000 square feet of Retail space on a lot spanning 1.05 acres. The property was initially built in 1983.
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Area Characteristics 706 N Houston Rd is located in the Honey Ridge Plantation neighborhood.
In terms of ease of commuting, the area has a walk score of 65, indicating that it is somewhat walkable.
