At Home Warner Robins, Georgia

$4,771,000
Not Available
Property type: Single-Tenant Net Lease

The space

  • Price: $4,771,000
  • Rentable Square Feet: 108,046
  • Price PSF: $44.16
  • Land Area: 12.04 AC
  • Year Built: 1975
  • Lease Type: NNN
  • Term Remaining: Approx 5 Years
  • Option Periods: 2, 5-Year Options
  • Rent Increases: 10% Every 5 Years
  • Lease Expiration: 1/31/2025

Description

2063 Watson Blvd
Warner Robins, GA 31093

Investment Highlights

  • More Than 100,000 Square Feet of Retail Space on 12 Acres of Land
  • Long Term Roof Warranty Until 2/1/2037
  • HVAC was Recently Replaced, and Parking Lot is Scheduled for Resurfacing
  • Lease was Recently Extended an Additional Five Years
  • Corporate Lease with 10 Percent Rent Increases Every Five Years
  • Located in a Major Retail Area | Surrounding National Retailers Include Walmart Supercenter, Home Depot, Lowe’s, Target, Publix, Aldi, Bed Bath & Beyond, HomeGoods, Ross, Old Navy, Bank of America, CVS, Dunkin’ Donuts, Chick-fil-A, Outback Steakhouse, Chipotle and Many More

 

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an At Home located in Warner Robins, GA. The subject property consists of more than 100,000 square feet of retail space on 12 acres of land. This At Home is a corporate lease with 10 percent rent increases every five years and was recently extended an additional five years. As of October 2019, At Home operates 213 stores in 39 states. Recent upgrades to the building include a long-term roof warranty until 2/1/2037 and recently replaced HVAC, along with scheduled resurfacing of the parking lot.

The subject property is located 1.5 Miles from Houston Medical Center, with more than 230 patient beds, and six miles from Robins Airforce Base and the Museum of Aviation (Second Largest in the Country). CNN Money named Warner Robins as #7 for Best Places To Live, and from 2000 to 2010, the population of Warner Robins increased by 36.4 percent.

Located in a Major Retail Area, national retailers including Walmart Supercenter, Home Depot, Lowes, Target, Publix, Aldi, Bed Bath & Beyond, HomeGoods, Ross, Old Navy, Bank of America, CVS, Dunkin Donuts, Chick-fil-A, Outback Steakhouse, Chipotle and many more.

 

Broker of Record:

Tim Giambrone
License: 265556

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