513 Tebeau Street, Waycross, GA 31501
sale
$599,000
|
Retail
Courtesy Of Rouse Realty, LLC
This +/-19,166 SF retail facility situated on +/-0.44 acres presents a strong NNN investment opportunity in the heart of Waycross, Georgia. The property is currently 100% occupied by Bed'r Mattress and offers built-in income growth with the tenant currently paying $7000 monthly, creating immediate upside in both cash flow and asset value. The property is leased through September 30, 2027, with one additional five-year renewal option, providing stable in-place income while also positioning the asset as an attractive long-term buy-and-hold opportunity for future owner-users seeking a large-footprint commercial location in a strategic retail corridor. Rarely do opportunities arise to acquire a sizable retail asset combining secure cash flow, future appreciation, and long-term flexibility in a growing South Georgia market.
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Property Features
- Age: Over 50 Years Old
- Floor Covering: Carpet
- Floors: 2
- Legal Description: Tebeau St 513 B40 Lb,B1
- MLSID: 2003271
- Parking Spaces: 20
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