1630 Plant Ave Waycross, GA 31501
Single tenant retail asset 100% leased to Walmart.
Type:Retail
Property size:
41,117 SFLot size:
5.28 Acres- Added:
- Sep 30, 2021
- Days on Market:
- 1665
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 1630 Plant Ave
General Information
- Standard status
- Active
- Size
- 41,117 SF
- Lot size
- 5.28 Acres
- Property subtype
- Retail
Listing agent Eric Carlton License #CA 01809955
Listing office Colliers - Los Angeles - Orange County, California
Listing date Sep 30, 2021
Source Crexi
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Overview
NNN Leased Walmart Neighborhood Market
This single-tenant retail asset is 100% leased to Walmart Neighborhood Market, backed by a full corporate guarantee from Walmart Stores Inc. The property has over 6 years remaining on a 15-year primary lease term, which includes seventeen 5-year option periods. The lease features 3% rental escalations every 5 years during the primary term, followed by 5% rental escalations every 5 years during the option periods. The property includes both land and building, comprising a 41,117-square-foot building on approximately 5.28 acres of land. The property is strategically located along Plant Ave (Route 84), a primary trade corridor, and benefits from convenient access, excellent street visibility, and ample parking. This is an opportunity to acquire a property leased to the nation’s #1 grocer with a corporate guarantee and zero landlord management responsibilities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Walmart Home Services
Social Service Agency
Stephen Thomas
Pharmacy
Walmart Bakery
Bakery
Redbox
Cinema
Walmart Patio & Garden ...
Landscaping
Location Insight
- Map
- Local Demand
- City
- Waycross
- County
- Ware
- State
- Georgia
- Longitude
- -82.344898
- Latitude
- 31.221474
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Single tenant retail asset 100% leased to Walmart.
Where is this grocery and convenience store located?
The property is located at 1630 Plant Ave Waycross, GA.
What is the asking price?
The asking price for this property is $10,327,783.
What are key features of this property?
This property features: 100% leased to Walmart Neighborhood Market with a full corporate guarantee from Walmart Stores Inc.; NNN lease structure provides zero landlord management responsibilities.; Over 6 years remaining on the primary lease term with seventeen 5‑year option periods.
