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Arby's
2469 Memorial Drive
Waycross, GA 31503
PROPERTY SOLD
Property: Investment Sales
Square Footage: +/- 3,200
Acreage: +/- .897
Price: $1,929,000
Cap Rate: 6.0%
Anchor Tenants: Shadow Walmart, Hobby Lobby, Ross, Bealls Outlet
Description:
- 20 year absolute NNN corporate lease that commenced August 2005 with rent bumps and four 5 year options
- High quality construction at a high profile intersection about 3 miles west of downtown Waycross
- Walmart shadowed and outparcel to a Hobby Lobby, Ross and Bealls anchored retail development
- Strong traffic counts in front of subject property in excess of 21,000 cars per day
- Commercial and recreation hub of southeast Georgia at the convergence of US Hwy 1, 82 and 84
- Located just north of the Okefenokee National Wildlife Refuge, a 450,000 acre one-of-a-kind ecosystem


Downloads
Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile