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580 State St
Waycross, GA 31501
Asking Price
$800K
Cap Rate
7.5%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 16,020 SqFt <ul><li>Well-Trafficked Signalized Hard Corner Parcel - The property benefits from steady traffic patterns (+/-12,000 VPD) at the Tebeau St and State St signalized hard corner, supporting tenant visibility and long-term leasing viability.</li><li>Value-Add Potential - Opportunity exists to enhance NOI through lease-up of vacancy, mark-to-market rent adjustments, or re-tenanting with stronger operators.</li><li>Service-Oriented Tenant Demand - The surrounding area supports a mix of necessity-b
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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438
