Amazing opportunity to own Houston Commons I, a highly sought after retail center offering consistent low vacancy and high income. Located at the north end of S Houston Lake Road offering high traffic count and arguably the most desirable area of Warner Robins, GA. This center rarely has vacancies and lease within weeks when a unit becomes available. 100% leased with annual cash flow increased. Owners are very careful in choosing tenants in order to maximize success of the center. Internet protected center.
Five to ten-year leases in place for eleven of the twelve tenants.
Little to no deferred maintenance. Many improvements and major repairs completed in 2024 (see miscellaneous documents).
Currently priced at 6.75% pro forma CR.
Contiguous property at 154 S Houston Lake Road also available for purchase.