513 Tebeau Street
About This Property for Sale
Marketing 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 scheduled rent increases from $6,000/month to $7,000/month beginning October 2026, 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.
Investment highlights
- ±19,166 SF Retail Building
- NNN Lease Structure
- 100% Occupied by Bed’r Mattress
- Scheduled Rent Increase in October 2026
- Stable Cash-Flowing Asset
- Future Owner-User Potential
- Strategic Waycross Retail Corridor
- Additional 5-Year Renewal Option
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