1761 Memorial Drive
Waycross, GA 31501


Offering Summary
Price $2,770,183 Cap Rate 4.90%
NOI $135,739.00 Rentable SF 2,325 SF
Lot Size 22,651 +/- SF Year Built 2023
Lease Type Absolute NNN Lease Term 15 Years

Investment Highlights

  • Brand New 2023 High-Quality Construction Featuring Chipotle’s
    Latest “Chipotlane” Prototype Design w/ Drive-Thru
  • 15-Year Absolute NNN Lease w/ 10% Increases Every 5-Years in
    Primary Term and Options (Zero Landlord Responsibilities)
  • Located at Busy Signalized Intersection Directly in Front of Holiday
    Inn Express and Quality Inn & Suites
  • Excellent Visibility and Access along Memorial Drive & S Georgia
    Parkway E, which Boast Over 40,000 Vehicles Per Day
  • Corporately Guaranteed Lease by Chipotle (NYSE: CMG) w/ Over
    $7.5 Billion in Revenue & Market Cap of $42.05 Billion
  • Positioned in Dense Retail Trade Area 2-miles East of Coastal
    Pines Technical College (6,500 Students)

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427