Waycross, GA Investment Property at 9.1% cap rate!

Waycross, GA
Ware County


Asking Price: Annual Revenue:
$349,000 Not Disclosed

Commercial Real Estate: Land


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RE: Waycross, GA Investment Property at 9.1% cap rate! Broker: Kavita Purohit

Quick Facts

Asking Price: $349,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 655433274
Broker Reference #: WaycrossProperty

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Business Overview:

Investment property collecting rent from a convenience store generating a 9.1% cap rate in Waycross, GA!

The current lease collects a gross rent of $2,800 per month. Tenant pays for the property insurance! The only expense for the property owner is property tax at $150 per month. If the tenant sells the business, then the new tenant will have to pay $3,000 per month in rent! The lease has 13 years left.

This property is near to Highway 84, located on a busy street. The local Memorial stadium is within walking distance.

The city has two universities within the vicinity with Ware University just 1.4 miles away and a South GA State College campus only 2.8 miles away from the property.

Asking Price for the Investment Property is $349,000!

If interested, please email us with your full name and best contact number to reach you.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This property is near to Highway 84, located on a busy street. The local Memorial stadium is within walking distance. The city has two universities within the vicinity with Ware University just 1.4 miles away and a South GA State College campus only 2.8 miles away from the property.

Market Competition and Expansion:

The current lease collects a gross rent of $2,800 per month. Tenant pays for the property insurance! The only expense for the property owner is property tax at $150 per month. If the tenant sells the business, then the new tenant will have to pay $3,000 per month in rent! The lease has 13 years left.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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