Two-Tenant Coffee Shop
For Sale
Contact for pricing
1908 Memorial Dr, Waycross, GA 31501
Includes a drive-through and long-term leases for Starbucks and Wingstop.
Property SizeContact for details
Days on Market142
Property Features for 1908 Memorial Dr
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Drive-Thru
Yes
Building Details
Tenancy
Multi
Listing Agency:
Northmarq
Listed By:
Brian Lane · License #GA 242513
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 12:33PM
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 Northmarq
Investment Insights
Based on property information with market context.
This two-tenant coffee shop property in Waycross, Georgia, is occupied by Starbucks and Wingstop. The Starbucks lease has just under 6 years remaining on its initial 10-year term, followed by four 5-year renewal options with 10% increases. Wingstop recently entered a new 10-year lease with three additional 5-year options and 10% increases every 5 years. The Starbucks location includes a drive-through and is identified as the only Starbucks within 30+ miles with that feature.
Wingstop is operated by a multi-unit franchisee with 11 locations, and its rent is estimated to begin in summer of 2025. The combined weighted average lease term is 7.7 years. The property is located at 1908 Memorial Dr in Waycross, Ware County, Georgia.
Wingstop is operated by a multi-unit franchisee with 11 locations, and its rent is estimated to begin in summer of 2025. The combined weighted average lease term is 7.7 years. The property is located at 1908 Memorial Dr in Waycross, Ware County, Georgia.
Key Highlights
- Two‑tenant occupancy by Starbucks and Wingstop
- Starbucks lease has just under 6 years remaining on its initial 10‑year term
- Starbucks lease includes four 5‑year options with 10% increases
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
387k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 18%
Apparel 12%
Groceries 11%
Kroger
Groceries
43,281 visits/mo
0.5 miles
Chick-fil-A
Dining
40,585 visits/mo
0.5 miles
Big Lots
Superstores
20,735 visits/mo
0.4 miles
Belk
Apparel
19,882 visits/mo
0.5 miles
Circle K
Shops & Services
18,849 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Starbucks — 1908 Memorial Dr, Waycross, GA 31501
- Starbucks — 1606 Memorial Dr, Waycross, GA 31501
- Southern Charm Nutrition (Herbalife) — Satilla Square, 502 S City Blvd, Waycross, GA 31501
- Southern Charm Nutrition — Satilla Square, 502 S City Blvd, Waycross, GA 31501
- Ellianos Coffee - Waycross — 1741 Knight Ave, Waycross, GA 31501
Frequently Asked Questions
What type of property is this?
Coffee shop - Includes a drive-through and long-term leases for Starbucks and Wingstop.
Where is this coffee shop located?
The property is located at 1908 Memorial Dr Waycross, GA.
What are key features of this property?
This property features: Two‑tenant occupancy by Starbucks and Wingstop; Starbucks lease has just under 6 years remaining on its initial 10‑year term; Starbucks lease includes four 5‑year options with 10% increases
