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1282 S Houston Lake Rd
Warner Robins, GA 31088

$1,734,200 USD

General Retail For Sale  •  6,400 SF

Property Details

  • Property Type General Retail
  • Total Building Size 6,400 SF
  • Lot Size 2.01 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 7.75 %
  • Tenancy Single
  • Zoning C2
30 Walk Score

Highlights

Valuable Asset Class – Medical offices are undersupplied in the state of Georgia and the greater southeast
Passive Ownership – Taxes, insurance, and maintenance are all tenant responsibilities under the NNN lease included with this asset
Advantageous Return – At a 7.75% year one cap rate, this rate of return allows for a positive leverage scenario from day one
Easily Accessible – This clinic is seated on one of Warner Robins’ busiest thoroughfares, Houston Lake Rd, and offers pull-up-parking
Newly Acquired Local Hospital – Houston Healthcare was recently acquired by Emory Health, adding massive credit backing
Surplus of Patients – Numerous neighborhoods, schools, and the Robins Air Force Base surround the subject property
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Southeast Medical Group

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
Ryan Burke 843-252-5911 Matthews Real Estate Investment Services
Ryan Burke 843-252-5911 Matthews Real Estate Investment Services