1565 Ossie Davis Pky - Convenience Store FOR SALE


Waycross, GA 31501
$299,000 USD
404-456-0093
1565 Ossie Davis Pky, Waycross, GA for Sale
$299,000 USD
Convenience Store - FOR SALE
1/9
null | 8.78% Cap Rate

1565 Ossie Davis Pky
Waycross, GA 31501


OVERVIEW

This property at 1565 Ossie Davis Pkwy offers investors a rare chance to acquire a stabilized retail asset in the heart of Waycross, GA. Anchored by an established convenience store tenant, the property generates a steady NOI of $26,400 annually and features a 7%–8% cap rate based on the asking price. Located on a high-visibility 0.67-acre lot along a bustling commercial corridor, the 3,870 sq. ft. freestanding building benefits from excellent frontage, dual curb cuts, and traffic exposure of over 7,600 vehicles per day. With a low retail vacancy rate of 2.3% in the Waycross market, this property represents a secure, long-term investment with room for future growth. Landlord responsibilities are limited to roof and structural maintenance, making this a true hands-off NNN investment. The tenant is current on rent and has expressed interest in purchasing, offering an additional exit strategy for potential buyers. Ideal for investors seeking reliable income, market stability, and a recession-resistant asset.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

8.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wally's Food Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,034 SF

ZONING

-

APN/PARCEL ID

WA0602-104

ASK ABOUT THIS PROPERTY

Ruben RodriguezUC Premier Properties First TeamMore Info
404-456-0093

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Ruben RodriguezUC Premier Properties First TeamMore Info
404-456-0093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.