Mavis NNN
For Sale
Contact for pricing
551 Academy Ave, Waynesboro, GA 30830
Absolute triple-net lease structure with scheduled escalations and multiple renewal options.
Property Size10,603 SF
Lot Size0.73 Acres
Days on Market141
Property Features for 551 Academy Ave
General Information
Standard status
Active
Size
10,603 SF
Lot size
0.73 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 1:34PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This commercial property includes approximately 10,603 rentable square feet within an estimated 0.73-acre parcel. The building is occupied by Mavis under an absolute triple-net lease that begins at closing, providing a defined contractual framework for the tenancy.
The initial lease term is 20 years, with rent scheduled to increase by 5% every 5 years during the base term and throughout six additional five-year renewal options. The property is located at 551 Academy Ave in Waynesboro, Georgia.
The initial lease term is 20 years, with rent scheduled to increase by 5% every 5 years during the base term and throughout six additional five-year renewal options. The property is located at 551 Academy Ave in Waynesboro, Georgia.
Key Highlights
- Approximately 10,603 rentable square feet on an estimated 0.73‑acre parcel
- Mavis tenancy under a 20‑year absolute triple‑net lease
- Lease commencement scheduled upon close of escrow
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 30830, GA
14,885
Population
6,208
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
375.5 sq mi
ZIP Area
40
Density / Sq Mi
$50,956
Median Household Income
$37,715
Median Earnings
$835
Median Rent
$145,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple-net lease structure with scheduled escalations and multiple renewal options.
Where is this nnn property located?
The property is located at 551 Academy Ave Waynesboro, GA.
What are key features of this property?
This property features: Approximately 10,603 rentable square feet on an estimated 0.73‑acre parcel; Mavis tenancy under a 20‑year absolute triple‑net lease; Lease commencement scheduled upon close of escrow
