Wawa NNN Property For Sale
This investment opportunity features a Wawa property with a proven operating history. Wawa is a well-established convenience store and gas station chain with a strong presence along the East Coast. The property benefits from a long-term ground lease with structured rent escalations, providing a stable income stream for investors.
- Asking price $3.75M
- 4.50% cap rate
- NOI $220,500
- 20 years remaining
- NNN lease
- Building size: 5,500 SF
- Lot size: 2.00 acres
- Rent increases: 8% every 5 years; 10% every 5 years
- Guarantor: Corporate
Asset type: Convenience Store