2102 Memorial Drive
Waycross, GA 31501

Hwy 55

Offering Summary
Price $2,563,909 Cap Rate 6.65%
NOI $170,500.00 Rentable SF 2,493 SF
Lot Size 1.17 +/- Acres Year Built 2023
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • ┬áBrand New 2023 High-Quality Construction (Relocation Site)
  • 20-Year Absolute NNN Lease (Zero Landlord Responsibilities)
  • 10% Rent Increases Every 5-Years in Primary Term & Options
  • Excellent Visibility and Access along Memorial Drive which Boasts
    Over 27,000 Vehicles Per Day
  • Corporate Guarantee from Hwy 55 — Hwy 55 Has Evolved into an
    Iconic Brand in the Southeast Now with Over 100 Locations
  • Dense Retail Trade Area 2-miles from Coastal Pines Technical
    College (6,500 Students) & Memorial Satilla Health Center (230 Beds)

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com