Wawa NNN Properties for Sale

11 live Wawa listings as of October 7, 2026.

Wawa cap rates by band

Live Wawa listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
Under 5.00%6$5.69M
5.00% – 5.99%5$5.46M

Wawa listings by state

Live Wawa listings by state, as of October 7, 2026
StateListingsAverage cap rate
Florida34.74%
Delaware24.88%
New Jersey25.33%
Pennsylvania24.88%

Wawa remaining lease term

Live Wawa listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
15+ years114.85%

Buying Wawa in a 1031 exchange

In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.

11 of the 11 live Wawa listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

Wawa due-diligence checklist

  • Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
  • Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
  • Order tenant estoppel and SNDA documents before closing.
  • Review the title commitment, survey and zoning report for the parcel.
  • Commission a Phase I environmental site assessment.
  • Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
  • Verify property tax, insurance and CAM reimbursements against the lease.
  • Review store-level sales or rent-to-sales data if the tenant reports it.

Wawa net lease FAQ

How many Wawa net lease properties are for sale?

Net Lease World shows 11 live Wawa listings as of October 7, 2026.

What cap rates are Wawa properties listed at?

Live Wawa listings with a published cap rate range from 4.50% to 5.65%, with a median of 4.76% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Wawa property?

The median asking price across live Wawa listings with a published price is $6.20M (as of October 7, 2026).

Which states have the most Wawa listings?

Florida (3), Delaware (2), New Jersey (2). Listings appear in 4 states in total (as of October 7, 2026).

How much lease term is left on Wawa listings?

The median remaining primary lease term is 20.0 years; 11 listings have 10 or more years remaining (as of October 7, 2026).

Live Wawa listings