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Single-Tenant NNN Restaurant Property
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2330 Memorial Dr, Waycross, GA 31503

The property combines an NNN lease with placement near multiple national retail anchors.

Property SizeContact for details
Days on Market8

Property Features for 2330 Memorial Dr

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Lee & Associates San Diego - Carlsbad
Listed By: Mike Philbin · License #CA
Source: Crexi
Added: Sep 12 Changed: Sep 19 Last Checked: Sep 19 at 6:42AM

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 San Diego - Carlsbad

Investment Insights

Based on property information with market context.

Located at 2330 Memorial Drive in Waycross, Georgia, the property is occupied by Surcheros Fresh Mex, a fast-casual Tex-Mex restaurant brand founded in 2007. The asset is structured with a long-term triple-net lease, limiting landlord responsibilities to the extent provided by the lease terms. Surcheros has expanded to more than 40 locations across the Southeast and has appeared on Fast Casual’s 2025 Top 100 Movers & Shakers list and Nation’s Restaurant News’ 100 Under 100 ranking.

The restaurant sits across from The Mall at Waycross Shopping Center, a 380,000+ square foot retail center anchored by T.J. Maxx, Planet Fitness, JCPenney, and Belk. Nearby retail destinations include Waycross Plaza, a 151,000 SF center anchored by Hobby Lobby and Bealls, and Santilla Square Shopping Center, which contains 117,000 SF and is anchored by Dollar General Market and Harbor Freight Tools. Walmart Supercenter, Lowe’s, Kroger, Tractor Supply Co., CVS, and Advance Auto Parts are also identified in the surrounding trade area.

Key Highlights

  • Long‑term triple‑net lease structure with limited landlord responsibilities as defined by the lease
  • Surcheros Fresh Mex founded in 2007 and operating 40+ locations across the Southeast
  • Across from The Mall at Waycross, a 380,000+ square foot center anchored by T.J. Maxx, Planet Fitness, JCPenney, and Belk

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Carpet & Flooring Store Cafe & Coffee Shop Electrical Service Barber Shop

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
507k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Shops & Services 20% Superstores 18% Apparel 18%
Walmart Superstores
92,764 visits/mo 0.2 miles
Chick-fil-A Dining
40,585 visits/mo 0.3 miles
T.J. Maxx Apparel
37,126 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
36,284 visits/mo 0.2 miles
Rural King Home Improvements & Furnishings
33,414 visits/mo 0.4 miles

Demographics for 31503, GA

22,356
Population
9,009
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
79%
High-School Grad
337.9 sq mi
ZIP Area
66
Density / Sq Mi
$55,042
Median Household Income
$33,589
Median Earnings
$823
Median Rent
$108,100
Median Home Value
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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?
NNN property - The property combines an NNN lease with placement near multiple national retail anchors.
Where is this nnn property located?
The property is located at 2330 Memorial Dr Waycross, GA.
What is the asking price?
The asking price for this property is $2,460,000.
What are key features of this property?
This property features: Long‑term triple‑net lease structure with limited landlord responsibilities as defined by the lease; Surcheros Fresh Mex founded in 2007 and operating 40+ locations across the Southeast; Across from The Mall at Waycross, a 380,000+ square foot center anchored by T.J. Maxx, Planet Fitness, JCPenney, and Belk
More about this property
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