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
- Brand 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)
Please login or sign up to view offering memorandum
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