Address: 2102 Memorial Dr, Waycross, GA 31501
Tenant: Hwy 55 Burgers Shakes & Fries (Corporate Guarantee)
Price: $2,800,000
Cap Rate: 6.75%
Current NOI: $172,700
Rental Increases: 10% Every 5 Years
Term: 20 Years
Rent Commencement: 2/1/2024
Lease Expiration: 1/31/2044
Year Built: 2023
Building SF: ± 2,493 SF
Parcel Size: ± 1.17 Acres
Lease Type: Abs. NNN Lease - No Landlord Responsibilities
Brand New Construction on Large Parcel
Proximity to Major Market Drivers
Corporate Guaranty from Rapidly Growing Tenant
Premier Location Within Waycross, GA
Brunswick MSA