1763 Memorial dr
Waycross, GA 31501
Chipotle | New 15-Year Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 2023 High-Quality Construction Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive-Thru
- Located at Busy Signalized Intersection Directly in Front of Holiday Inn Express and Quality Inn & Suites
- Corporately Guaranteed Lease by Chipotle (NYSE: CMG) w/ Over $7.5 Billion in Revenue & Market Cap of $42.05 Billion
- 15-Year Absolute NNN Lease w/ 10% Increases Every 5-Years in Primary Term and Options (Zero Landlord Responsibilities)
- Excellent Visibility and Access along Memorial Drive & S Georgia Parkway E, which Boast Over 40,000 Vehicles Per Day
- Positioned in Dense Retail Trade Area 2-miles East of Coastal Pines Technical College (6,500 Students)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.52 AC
Zoning
C - Commercial
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | WA1801-009 | Improvements Assessment | $2,173,959 |
| Land Assessment | $540,144 | Total Assessment | $2,714,103 |
