DOLLAR TREE | 706 N Houston Rd
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DOLLAR TREE 706 N Houston Rd
12,000 SF Retail Building Warner Robins, GA 31093 $1,393,548 ($116/SF) 7.75% Cap Rate
Investment Highlights
- LONG TERM LEASE – Dollar Tree has over 10 years remaining on their original 10 year lease, allowing for a long term investment
- OPTIONS TO EXTEND LEASE – Dollar Tree has four, 5-year options to extend the lease
- GREAT ACCESS – The site boasts from access off of both Green St and N Houston Rd.
- MINIMAL LANDLORD OBLIGATIONS – The tenant in on a Modified NNN lease allowing for minimal landlord responsibilities and a passive investment
- CORPORATE GUARANTY – Dollar Tree corporate has guaranteed the lease, allowing for security of income
- DENSE POPULATION – There are more than 80,886 people located within a 5 mile radius.
Executive Summary
Broker of Record
Kyle Matthews
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
2014
Price
$1,393,548
Price Per SF
$116
Cap Rate
7.75%
NOI
$108,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.05 AC
Zoning
C2 - Commercial
Frontage
162 FT on North Houston
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Dollar Tree
- -
- -
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Dollar Tree | - | - | - | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0W046A002000 | Improvements Assessment | $160,200 |
Land Assessment | $37,200 | Total Assessment | $197,400 |
PROPERTY TAXES
Parcel Number
0W046A002000
Land Assessment
$37,200
Improvements Assessment
$160,200
Total Assessment
$197,400
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DOLLAR TREE | 706 N Houston Rd
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