NNN Leased Walmart Neighborhood
1630 Plant Ave Waycross, GA 31501
1630 Plant Ave, Waycross, GA, 31501
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For Sale
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Single tenant retail asset 100% leased to Walmart.
Property Size41,117 SF
Lot Size5.28 Acres
Price / SF$251.18
Days on Market1756
Property Features for 1630 Plant Ave
General Information
- Standard status
- Active
- Size
- 41,117 SF
- Lot size
- 5.28 Acres
- Property subtype
- Retail
Listing Agency
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed by
Eric Carlton · License #CA 01809955
Source
Crexi
Added: Sep 30, 2021 Updated: Jul 6 at 7:40 am Checked: Jul 19 at 5:40 am
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
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
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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.
