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Grocery Storefront at Signalized Intersection
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1314 Plant Ave, Waycross, GA 31501

Leased grocery storefront with corporate guarantee from Delhaize America and recent remodel through store conversion.

Property Size34,546 SF
Price / SF$103.63
Days on Market101

Property Features for 1314 Plant Ave

General Information

Standard status Active
Size 34,546 SF
Property subtype RETAIL

Additional Details

Traffic Count 16,700 vehicles/day

Building Details

Year Renovated 2021
Tenancy Single
Listing Agency: Lee & Associates | Indianapolis
Listed By: Chris Kinnard
Source: Moodyscre
Added: Jun 11 Changed: Sep 12 Last Checked: Sep 19 at 1:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Indianapolis

Investment Insights

Based on property information with market context.

This sale offering is a leased grocery and convenience retail storefront with a tenant responsibility structure that includes direct payment of CAM, taxes, insurance, and roof/structure items, as noted in the remarks. Delhaize America, Inc. provides a corporate guarantee. The location was re-acquired in 2021 and extensively remodeled during store conversion.

The property is situated at a signalized intersection with the next signalized intersection approximately 1.5 miles away. The remarks also cite 16,700 vehicles per day along Plant Avenue, supporting a broad local drive-by exposure. The market is described as a county seat location with a wide trade area and retail demand tied to growing household incomes and nearby industry.

For a buyer or tenant seeking a grocery-oriented retail format, this asset offers an already-established storefront configuration and a Delhaize corporate guarantee. The lease terms place operating cost responsibility on the tenant for CAM, taxes, insurance, and building-related items such as roof and structure, which can help underwrite expenses with direct payment expectations. Reported rent is $6.73/SF, and the remarks indicate sales reporting by the tenant.

Key Highlights

  • Tenant pays direct CAM, taxes, insurance, and roof/structure and related expenses
  • Corporate guarantee by Delhaize America, Inc.
  • Leased grocery storefront with $6.73/SF rent

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Plumbing Service Electrical Service Kitchen & Bath Showroom Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,700 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 66% Dining 29% Shops & Services 4% Home Improvements & Furnishings 2%
Walmart Neighborhood Market Groceries
34,959 visits/mo 0.3 miles
Wendy's Dining
20,069 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
16,945 visits/mo 0.1 miles
Pizza Hut Dining
2,803 visits/mo 0.2 miles
American Lube Fast Shops & Services
1,440 visits/mo 0.4 miles

Demographics for 31501, GA

14,036
Population
6,867
Households
2
Avg Household Size
40
Median Age
18%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$37,203
Median Household Income
$30,426
Median Earnings
$752
Median Rent
$100,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Leased grocery storefront with corporate guarantee from Delhaize America and recent remodel through store conversion.
Where is this grocery and convenience store located?
The property is located at 1314 Plant Ave Waycross, GA.
What is the asking price?
The asking price for this property is $3,580,000.
What are key features of this property?
This property features: Tenant pays direct CAM, taxes, insurance, and roof/structure and related expenses; Corporate guarantee by Delhaize America, Inc.; Leased grocery storefront with $6.73/SF rent
(270) 985-5008 Call to check price and availability
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