Introducing a stabilized investment opportunity at 1565 Ossie Davis Parkway in Waycross, GA. This ±3,870 square-foot convenience store sits on a 0.67-acre lot in a highly visible location with excellent access and traffic exposure. The property is fully leased to an established tenant under a triple net (NNN) lease, generating a reliable annual income of $26,400. The lease runs through October 31, 2027, with two additional five-year renewal options. The surrounding retail market benefits from a low 2.3% vacancy rate, strong demand, and limited new construction, ensuring ongoing stability. With minimal landlord responsibilities and a hands-off management structure, this property offers investors a true passive income opportunity. Now offered at $299,000, this asset presents an attractive cap rate and an excellent entry point into a growing market.
±3,870 SF convenience store on 0.67-acre lot
Located at 1565 Ossie Davis Parkway, Waycross, GA
Fully leased to an established tenant
Triple Net (NNN) lease through October 31, 2027, with two 5-year renewal options
Annual Net Operating Income (NOI) of $26,400
Minimal landlord responsibilities (roof, exterior, structure only)
Surrounded by complementary businesses in a market with 2.3% retail vacancy
Average daily traffic count of 7,626 vehicles
Strong passive investment opportunity with hands-off management
Now offered at $299,000, presenting an attractive cap rate