Listed by Northmarq San Diego
$2,666,660
Surcheros
Details
APN WA24-09-007
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 10,665
Units 1
Cap Rate 6%
NOI $160,000
Occupancy 100%
Tenancy Single
Brand/Tenant Surcheros
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/01/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 3, 5-Yr
Year Built 2026
Acreage 1.940
Lease Commencement 06/01/2026
Ground Lease No
Emerging National Brand | Dense Multi-Anchor Retail Hub | Substantial Regional Population
Marketing description
Northmarq is pleased to offer this single-tenant Surcheros Fresh Mex property located at 2330 Memorial Drive in Waycross, Georgia 31501 (The Property). The asset features a long-term Absolute Triple Net (NNN) lease, providing investors with stable, predictable income backed by one of the Southeast's fastest-growing fast-casual Tex-Mex brands. With minimal landlord responsibilities and a strong tenant covenant, the property provides a premier passive investment opportunity positioned in Waycross's most dominant retail corridor.
Investment highlights
- Emerging National Brand with Industry Recognition and Momentum
- Dominant Location on Waycross's Premier Memorial Drive Retail Corridor
- Dense Multi-Anchor Retail Hub with Exceptional Co-Tenancy
- Substantial Regional Population Base Supports Repeat Customer Traffic
- Growing Household Income and Consumer Spending Power
- Fast-Casual Category Showing Strong Momentum in Secondary Markets
- Strong Unit Economics and Systemwide Growth Metrics
- Absolute Triple Net Structure Provides Tax Efficiency and Institutional Appeal
- Limited Secondary Market Fast-Casual Competition Creates Long-Term Advantage
- Customizable Concept Drives Premium Pricing and Customer Loyalty
Listing Contacts
Listed by Northmarq San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
C2 CommercialSpecial CommercialHighway Commercial
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View all 27 uses Last updated Jan 20, 2026 For deeper zoning details, reports are available at Zoneomics
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