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Mattress Firm
$1,724,914
Plus Waycross, GA
Offering Memorandum
Lease Type
NN
Cap Rate
7.00%
Property Type

Retail

Building Size
5,031 SF
NOI
$120,744
Land Area
0.52 AC
Remaining Term
8 Years
Status
Active
Michael Zimmerman
Michael Zimmerman
Founder
Property Highlights
Prominent Retail Location

This Mattress Firm site is a prominent outparcel to the Mall at Waycross Shopping Center, the only anchored shopping mall within a 50-mile radius. Major tenants include T.J. Maxx, Belk, JCPenney and Staples. The site is minutes from downtown Waycross and benefits from daily traffic counts exceeding 14,500 vehicles per day.

Major Railroad Center

This Mattress Firm site is just east of the CSX Waycross Yard, the largest computerized rail yard on the East Coast. The Waycross station is the main hub for all rail traffic in the Southeast. CSX Waycross Yard is also one of the largest employers for Waycross and the surrounding counties.

Excellent Investment Opportunity

This NN lease features minimal landlord responsibilities and scheduled rental increases within each of the two option periods.

This property is listed in conjunction with Georgia broker Emery Shane with Shane Investment Property Group, LLC (Georgia License No. 218628).

Mattress Firm
Waycross, GA
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