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Listed by Ryder Rouse Rouse Realty, LLC
$ 599,000
Est. payment /mo
New
513 Tebeau ST Waycross, GA 31501
19,166 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 19,166 sqft
Price per Sqft $31
Subdivision No Recorded Subdivision
MLS Listing ID 2003271
HOA Y/N No
Year Built 1941
Annual Tax Amount $8,166
Tax Year 2025
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Retail
Source ScoutMLS
Land Area 19166
Property Description
This ±19,166 SF retail facility situated on ±0.44 acres presents a strong NNN investment opportunity in the heart of Waycross, Georgia. The property is currently 100% occupied by Bed'r Mattress and offers built-in income growth with the tenant currently paying $7000 monthly, creating immediate upside in both cash flow and asset value. The property is leased through September 30, 2027, with one additional five-year renewal option, providing stable in-place income while also positioning the asset as an attractive long-term buy-and-hold opportunity for future owner-users seeking a large-footprint commercial location in a strategic retail corridor. Rarely do opportunities arise to acquire a sizable retail asset combining secure cash flow, future appreciation, and long-term flexibility in a growing South Georgia market.
Location
State GA
County Ware
Direction Turn right off of Isabella St and the building will be on your left before you hit Carswell Ave
Interior
Flooring Carpet
Building
Story 2
New Construction No
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/golden_isles/2003271