2275 Memorial Dr
Waycross, GA 31501
Aaron's Anchored Center · Retail Property For Sale

The Subject is a 100% occupied 17,536 SF redeveloped Shadow Anchored Retail Center situated in front of The Mall at Waycross and across the street from a Walmart Supercenter. Located in Waycross, GA the center was renovated in 2016 and is situated on 1.93 acres with ample parking, multiple points of ingress/egress and excellent visibility. This Walmart Shadow Center boasts a tenant mix that is comprised of 83% regional and national tenants including anchor Aaron's Rents, Aspen Dental, Hwy 55 Burgers and Benchmark Rehab, representing 89% of the Subject' s income. All leases are triple net. Tenants are responsible for their pro rata share of Taxes, Insurance, and CAM. The Subject benefits from its location at the entrance to The Mall at Waycross and directly across from a Walmart Supercenter. National tenants located within the Mall include Belk, JCPenney, TJMaxx, Staples, Planet Fitness, and Hibbett Sports. The Mall is the only anchored shopping mall within a 50-mile radius and benefits from its proximity to the Okefenokee Swamp, a wildlife refuge that attracts 400,000 visitors each year from all over the globe. Waycross is a vibrant city, roughly 40 miles northwest of the Florida/Georgia state line. This Waycross Strip Center is positioned between Brunswick Highway and Jacksonville Highway and in front of The Mall at Waycross just minutes from downtown Waycross. Average daily traffic count exceeds 30,000 vehicles per day in both directions.