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Auto Service - Gas-Conv

Brand New Wawa C-Store & Gas Station | 20 Year Absolute Net Ground Lease | Low Rent & Hard Corner

1810 S Georgia Pkwy W, Waycross (Southeast Georgia), GA 31503

Listing Price: $3,999,000

Cap Rate
5.38%
Tenant Name
Wawa
Years Remaining On Lease
20.1
Gross SF
5,943
Guarantor
Corporate Guarantee
Rentable SF
5,943
Price/Gross SF
$672.89
Lease Type
NNN Ground Lease
Rent Per Square Feet
$36.18

Investment Overview

Waycross, Georgia, is a city in Ware County, known for its deep-rooted history, transportation connections, and proximity to the Okefenokee Swamp. As a regional hub in southeastern Georgia, Waycross has long been a center for commerce and travel, serving as a vital link between major cities like Jacksonville, FL, and Atlanta, GA. The city has numerous essential amenities, making it a convenient stop for travelers and a comfortable place for residents.

The area is characterized by a mix of local businesses, chain retailers, and dining options, catering to both locals and visitors. Ware County High School and South Georgia State College contribute to the educational landscape, while Memorial Satilla Health provides medical services for the region. With its strong transportation infrastructure, Waycross sees steady traffic from U.S. Highways 1, 82, and 84, making it a key pass-through point for those traveling across southeastern Georgia.

One of Waycross’s most notable attractions is the nearby Okefenokee Swamp, a vast and ecologically significant wetland that offers outdoor enthusiasts opportunities for boating, fishing, and wildlife observation. The Okefenokee Swamp Park, located just outside the city, serves as an educational and recreational gateway to this unique natural wonder.

Waycross also has a rich railroad history, as it was once a major rail hub in Georgia. The city still retains its connections to the rail industry, and the Historic Rail Depot is a reminder of its past importance in transportation and trade. Local cultural events, small-town festivals, and community gatherings create a welcoming environment for residents and visitors alike.

Investment Highlights

  • 20 Year Absolute Net Ground Lease Featuring 5% Rental Increases at the Start of Year 11 and Each Option. Brand New 2025 High Quality Construction. 24-Hour Convenience Store and Gas Station.
  • Signalized Hard Corner Location: Features Easy Access & Excellent Visibility along U.S. Highway 82, with Daily Combined Traffic Counts Exceeding 29k Vehicles.
  • Wawa is one of the Largest Convenience Store Chains in the United States with 1,000+ Locations and Serving more than 800 Million People Annually.
  • Minutes from Memorial Satilla Health - a 231-Bed, Full Service, Acute Care Medical Facility that has been providing High Quality Medical Care to the Greater Waycross Community and Southeast Georgia Region.
  • Near Numerous National Retailers including Walmart Neighborhood Market, Food Lion, Kroger, Walmart Supercenter, Lowe's, Hobby Lobby, Harbor Freight, Ross Dress for Less and many more.
  • Located at a Key Intersection on U.S. Highway 82, this Site Connects Brunswick to Albany, supporting Commerce and Travel. Its Proximity to U.S. Highway 1 Enhances Accessibility Along a Major North-South Route from Florida to Maine.
  • Across from South Georgia State College Waycross Campus - part of the University System of Georgia, it serves over 2,500 Students Primarily from Southeastern and South-Central Georgia.
  • Walking Distance from Coastal Pines Technical College Waycross - offers diverse Technical and Vocational Programs. It serves about 2,000 Students, focusing on Workforce Development and Hands-on learning for various Industries. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    First Vice President Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Auto Service - Gas-Conv

Brand New Wawa C-Store & Gas Station | 20 Year Absolute Net Ground Lease | Low Rent & Hard Corner

Listing Price: $3,999,000

Cap Rate
5.38%
Tenant Name
Wawa
Years Remaining On Lease
20.1
Gross SF
5,943
Guarantor
Corporate Guarantee
Rentable SF
5,943
Price/Gross SF
$672.89
Lease Type
NNN Ground Lease
Rent Per Square Feet
$36.18

Investment Highlights

  • 20 Year Absolute Net Ground Lease Featuring 5% Rental Increases at the Start of Year 11 and Each Option. Brand New 2025 High Quality Construction. 24-Hour Convenience Store and Gas Station.
  • Signalized Hard Corner Location: Features Easy Access & Excellent Visibility along U.S. Highway 82, with Daily Combined Traffic Counts Exceeding 29k Vehicles.
  • Wawa is one of the Largest Convenience Store Chains in the United States with 1,000+ Locations and Serving more than 800 Million People Annually.
  • Minutes from Memorial Satilla Health - a 231-Bed, Full Service, Acute Care Medical Facility that has been providing High Quality Medical Care to the Greater Waycross Community and Southeast Georgia Region.
  • Near Numerous National Retailers including Walmart Neighborhood Market, Food Lion, Kroger, Walmart Supercenter, Lowe's, Hobby Lobby, Harbor Freight, Ross Dress for Less and many more.
  • Located at a Key Intersection on U.S. Highway 82, this Site Connects Brunswick to Albany, supporting Commerce and Travel. Its Proximity to U.S. Highway 1 Enhances Accessibility Along a Major North-South Route from Florida to Maine.
  • Across from South Georgia State College Waycross Campus - part of the University System of Georgia, it serves over 2,500 Students Primarily from Southeastern and South-Central Georgia.
  • Walking Distance from Coastal Pines Technical College Waycross - offers diverse Technical and Vocational Programs. It serves about 2,000 Students, focusing on Workforce Development and Hands-on learning for various Industries. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.

Investment Overview

Waycross, Georgia, is a city in Ware County, known for its deep-rooted history, transportation connections, and proximity to the Okefenokee Swamp. As a regional hub in southeastern Georgia, Waycross has long been a center for commerce and travel, serving as a vital link between major cities like Jacksonville, FL, and Atlanta, GA. The city has numerous essential amenities, making it a convenient stop for travelers and a comfortable place for residents. The area is characterized by a mix of local businesses, chain retailers, and dining options, catering to both locals and visitors. Ware County High School and South Georgia State College contribute to the educational landscape, while Memorial Satilla Health provides medical services for the region. With its strong transportation infrastructure, Waycross sees steady traffic from U.S. Highways 1, 82, and 84, making it a key pass-through point for those traveling across southeastern Georgia. One of Waycross’s most notable attractions is the nearby Okefenokee Swamp, a vast and ecologically significant wetland that offers outdoor enthusiasts opportunities for boating, fishing, and wildlife observation. The Okefenokee Swamp Park, located just outside the city, serves as an educational and recreational gateway to this unique natural wonder. Waycross also has a rich railroad history, as it was once a major rail hub in Georgia. The city still retains its connections to the rail industry, and the Historic Rail Depot is a reminder of its past importance in transportation and trade. Local cultural events, small-town festivals, and community gatherings create a welcoming environment for residents and visitors alike.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    First Vice President Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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