2330 Memorial Drive

Investment Overview

PROPERTY HIGHLIGHTS Lee & Associates 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 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. Surcheros Fresh Mex is currently experiencing a period of rapid expansion and industry validation, having been named to Fast Casual's 2025 Top 100 Movers & Shakers list and Nation's Restaurant News' 100 Under 100 ranking. The brand was founded in 2007 and has grown to 40+ locations across the Southeast with exceptional unit economics. The company achieved 29% year-over-year revenue growth (2024) and 25% system-wide sales increases in the first half of 2025, demonstrating strong consumer demand and effective operational execution. Single-tenant QSR opportunities with such strong unit economics are exceptionally scarce. The Property is strategically positioned across from The Mall at Waycross Shopping Center, a 380,000+ square foot mall anchored by T.J. Maxx, Planet Fitness, JCPenney, and Belk, benefiting from substantial crossover traffic. Surcheros achieves robust systemwide metrics with approximately $35M in annual systemwide revenue. The site sits in close proximity to multiple shopping centers including Waycross Plaza (151,000 SF) anchored by Hobby Lobby and Bealls, and Santilla Square Shopping Center (117,000 SF) anchored by Dollar General Market and Harbor Freight Tools. ***CONTACT LISTING BROKERS FOR MORE INFORMATION***