501 Oneida St Waycross, GA 31501
This exceptional Class A medical office building in Waycross, Georgia presents a compelling sale-leaseback investment opportunity. The property, totaling 8,855 square feet, is situated on a 1.31-acre lot and boasts a 100% occupancy rate with a strong, established tenant: Ankle & Foot Associates. This single-tenant building features a 10-year absolute NNN lease with 2% annual rent bumps, providing predictable cash flow and significant long-term value. The lease includes five (5) five (5) year renewal options, further securing the investment. Built in 1988, the property offers a 7.05% cap rate and a net operating income (NOI) of $124,678, with an asking price of $1,768,488 ($199.72/sq ft). The property's prime location within Waycross's primary healthcare district, near Memorial Satilla Health and other medical practices, ensures strong tenant demand and future growth potential. Its proximity to major retailers like Walmart and Dollar General adds to its strategic appeal. This is a rare opportunity to acquire a stable, high-performing medical office building with a long-term lease and significant upside potential.
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Lee Hlad, DPM Physician
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David P. Murphy, DPM Physician
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Gregory J. Kramer, DPM Physician
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Ankle & Foot Associates, LLC - Waycross Physician
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Brian Benson Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.