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2000 North State Road 7, Margate, FL , 33063
  • Size SF 5,943
  • Built/Renov2018
  • Price/SF$1,287
  • Lease Start01-19-2018
  • Rent/SF$54.69
  • Lease Type Abs NNN
  • Lot/AC1.92
  • Pop 5MI414,327

7,647,059

  • Cap Rate 4.25%
  • NOI $325,000
  • R. Term/Yrs 13.1
  • Guarantor Corporate
  • # Units 1,050
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • 13+ years remaining on its current lease term with 6 (5-year) options to extend
  • The ground lease features 8% rental increases every 5 years starting in year 11
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
1495 Capital Circle Northwest, Tallahassee, FL , 32303
  • Size SF 5,943
  • Built/Renov2024
  • Price/SF$1,010
  • Lease Start10-27-2024
  • Rent/SF$45.43
  • Lease Type Abs NNN
  • Lot/AC2.39
  • Pop 5MI11,526

6,000,000

  • Cap Rate 4.50%
  • NOI $270,000
  • R. Term/Yrs 19.10
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Population increase trend

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • 2024 construction featuring high-quality materials, distinct design elements and high-level finishes
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
7073 Creighton Road, Mechanicsville, VA , 23111
  • Size SF 6,049
  • Built/Renov2024
  • Price/SF$843
  • Lease Start12-01-2024
  • Rent/SF$42.98
  • Lease Type Abs NNN
  • Lot/AC4.20
  • Pop 5MI84,908

5,098,000

  • Cap Rate 5.10%
  • NOI $260,000
  • R. Term/Yrs 19.11
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Build to suit

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • New 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the base term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
837 Penn Avenue, Wyomissing, PA , 19610
  • Size SF 5,051
  • Built/Renov2019
  • Price/SF$1,524
  • Lease Start11-01-2019
  • Rent/SF$81.67
  • Lease Type Abs NNN
  • Lot/AC2.14
  • Pop 5MI220,808

7,700,000

  • Cap Rate 5.36%
  • NOI $412,500
  • R. Term/Yrs 14.10
  • Guarantor Corporate
  • # Units 1,050
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Top performing store

  • Corporate Guarantee

  • ...
  • Wawa has 15 years remaining on the current ground lease term with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the primary term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Wawa has a shadow rating of “BBB” which is equivalent to investment grade credit and is one of the most sought-after tenants in the net lease market today
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
600 West Burleigh Boulevard, Tavares, FL , 32778
  • Size SF 5,641
  • Built/Renov2024
  • Price/SF$1,007
  • Lease Start10-01-2024
  • Rent/SF$44.32
  • Lease Type Abs NNN
  • Lot/AC1.99
  • Pop 5MI69,144

5,682,000

  • Cap Rate 4.40%
  • NOI $250,000
  • R. Term/Yrs 19.9
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
1891 North Federal Highway, Hollywood, FL , 33020
  • Size SF 5,636
  • Built/Renov2023
  • Price/SF$1,437
  • Lease Start07-17-2022
  • Rent/SF$64.76
  • Lease Type Abs NNN
  • Lot/AC1.37
  • Pop 5MI279,127

8,100,000

  • Cap Rate 4.51%
  • NOI $365,000
  • R. Term/Yrs 17.7
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Highway location

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • New 2023 construction which features high quality materials, latest design elements, and state-of-the-art features 
  • Wawa has 17+ years remaining on the current ground lease term with 6 (5-year) options to extend
  • The lease features 8% rental increases every 5 years beginning in year 11, 10% at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
580 U.S. 1, Edison, NJ , 08817
  • Size SF 4,736
  • Built/Renov2021
  • Price/SF$1,415
  • Lease Start08-19-2021
  • Rent/SF$70.73
  • Lease Type Abs NNN
  • Lot/AC1.99
  • Pop 5MI295,751

6,700,000

  • Cap Rate 5.00%
  • NOI $335,000
  • R. Term/Yrs 16.8
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Wawa has 16+ years remaining on the current ground lease term with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
195 West White Horse Pike, Berlin, NJ , 08009
  • Size SF 4,131
  • Built/Renov2010
  • Price/SF$1,291
  • Lease Start11-25-2010
  • Rent/SF$67.78
  • Lease Type Abs NNN
  • Lot/AC3.47
  • Pop 5MI160,920

5,333,335

  • Cap Rate 5.25%
  • NOI $280,000
  • R. Term/Yrs 15.11
  • Guarantor Corporate
  • # Units 1,050
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Wawa has 16 years remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features an 8.8% rental increase in 2035, 6% increases at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
1900 North Croatan Highway, Kill Devil Hills, NC , 27948
  • Size SF 6,000
  • Built/Renov2024
  • Price/SF$1,025
  • Lease Start05-16-2024
  • Rent/SF$48.67
  • Lease Type Abs NNN
  • Lot/AC2.32
  • Pop 5MI13,776

6,147,000

  • Cap Rate 4.75%
  • NOI $292,000
  • R. Term/Yrs 19.5
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
1007 Baltimore Street, Hanover, PA , 17331
  • Size SF 5,585
  • Built/Renov2024
  • Price/SF$1,006
  • Lease Start12-01-2024
  • Rent/SF$52.82
  • Lease Type Abs NNN
  • Lot/AC2.07
  • Pop 5MI60,339

5,619,000

  • Cap Rate 5.25%
  • NOI $295,000
  • R. Term/Yrs 19.11
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Near major nationals

  • Shopping Ctr out-parcel

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • New 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
860 Richmond Highway, Fredericksburg, VA , 22405
  • Size SF 6,049
  • Built/Renov2023
  • Price/SF $843
  • Lease Start07-01-2023
  • Rent/SF$42.16
  • Lease Type Abs NNN
  • Lot/AC2.95
  • Pop 5MI76,456

5,100,000

  • Cap Rate 5.00%
  • NOI $255,000
  • R. Term/Yrs 18.6
  • Guarantor Corporate
  • # Units 1,032
  • New construction

  • Signalized intersection

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Long 15+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • New 2023 construction
  • Wawa has 18+ years remaining on the current ground lease term with 6 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,032
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
1800 Naamans Road, Wilmington, DE , 19810
  • Size SF 5,585
  • Built/Renov2024
  • Price/SF$1,204
  • Lease Start11-15-2024
  • Rent/SF$60.21
  • Lease Type Abs NNN
  • Lot/AC1.50
  • Pop 5MI154,563

6,725,000

  • Cap Rate 5.00%
  • NOI $336,250
  • R. Term/Yrs 19.11
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • New 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
2901 West 16th Avenue, Hialeah, FL , 33012
  • Size SF 6,141
  • Built/Renov2022
  • Price/SF$1,393
  • Lease Start01-01-2022
  • Rent/SF$62.69
  • Lease Type Abs NNN
  • Lot/AC1.34
  • Pop 5MI413,444

8,556,000

  • Cap Rate 4.50%
  • NOI $385,000
  • R. Term/Yrs 17.0
  • Guarantor Corporate
  • # Units 1,032
  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Wawa has 17+ years remaining on the original 20-year ground lease with 9 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,032
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
8861 Pine Forest Road, Pensacola, FL , 32534
  • Size SF 6,000
  • Built/Renov2024
  • Price/SF$581
  • Lease Start11-01-2024
  • Rent/SF$26.14
  • Lease Type Abs NNN
  • Lot/AC2.00
  • Pop 5MI94,280

3,485,000

  • Cap Rate 4.50%
  • NOI $156,816
  • R. Term/Yrs 19.10
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Shopping Ctr out-parcel

  • Freeway close

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • New 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
2500 Davie Road, Davie, FL , 33317
  • Size SF 5,636
  • Built/Renov2019/2020
  • Price/SF$897
  • Lease Start01-01-2020
  • Rent/SF$41.70
  • Lease Type Abs NNN
  • Lot/AC1.43
  • Pop 5MI382,415

5,054,000

  • Cap Rate 4.65%
  • NOI $235,000
  • R. Term/Yrs 16.0
  • Guarantor Corporate
  • # Units 1,050
  • Signalized intersection

  • Build to suit

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Long 20+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Wawa has 16+ years remaining on the current ground lease term with 6 (5-year) options to extend
  • The lease features 8% rental increases every 5 years throughout the primary term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
8115 Southern Boulevard, West Palm Beach, FL , 33411
  • Size SF 5,537
  • Built/Renov2022
  • Price/SF$1,783
  • Lease Start02-01-2023
  • Rent/SF$71.34
  • Lease Type Abs NNN
  • Lot/AC1.95
  • Pop 5MI256,756

9,875,000

  • Cap Rate 4.00%
  • NOI $395,000
  • R. Term/Yrs 18.1
  • Guarantor Corporate
  • # Units 1,050
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • Over 1000 units backed

  • ...
  • New 2022 construction
  • Wawa has 18+ years remaining on the current ground lease term with 6 (5-year) options to extend
  • The lease features 7% rental increases throughout the initial term and 8% at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
435 East Merritt Island Causeway, Merritt Island, FL , 32952
  • Size SF 6,119
  • Built/Renov2024
  • Price/SF$995
  • Lease Start09-01-2024
  • Rent/SF$45.76
  • Lease Type Abs NNN
  • Lot/AC2.34
  • Pop 5MI88,454

6,086,000

  • Cap Rate 4.60%
  • NOI $280,000
  • R. Term/Yrs 19.8
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Build to suit

  • Major thoroughfare

  • Near major nationals

  • Top 100 MSA

  • Affluent suburb location

  • Income tax free state

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental escalations starting in lease year 11 and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
1033 FL-436, Casselberry, FL , 32707
  • Size SF 5,636
  • Built/Renov2019
  • Price/SF$647
  • Lease Start08-01-2019
  • Rent/SF$27.50
  • Lease Type Abs NNN
  • Lot/AC1.72
  • Pop 5MI254,745

3,647,059

  • Cap Rate 4.25%
  • NOI $155,000
  • R. Term/Yrs 14.7
  • Guarantor Corporate
  • # Units 1,050
  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Wawa has 14+ years remaining on the current lease term with 6 (5-year) options to extend
  • The lease features 7% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
5003 Raleigh Road Parkway West, Wilson, NC , 27896
  • Size SF 5,330
  • Built/Renov2024
  • Price/SF$938
  • Lease Start09-01-2024
  • Rent/SF$46.90
  • Lease Type Abs NNN
  • Lot/AC1.94
  • Pop 5MI33,798

5,000,000

  • Cap Rate 5.00%
  • NOI $250,000
  • R. Term/Yrs 19.8
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Highway location

  • Strong tenant synergy

  • Major MSA

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction | Store scheduled to open in September
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
7707 24th Court East, Sarasota, FL , 34243
  • Size SF 6,119
  • Built/Renov2024
  • Price/SF
    $817
    $836
  • Lease Start06-01-2024
  • Rent/SF$35.95
  • Lease Type Abs NNN
  • Lot/AC2.05
  • Pop 5MI173,421
5,000,000
5,113,636
  • Cap Rate
    4.40%
     
    4.30%
  • NOI $220,000
  • R. Term/Yrs 19.5
  • Guarantor Corporate
  • # Units 1,032
  • New construction

  • Signalized intersection

  • Near major nationals

  • Trophy location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Wawa recently executed a brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental escalations throughout hate initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,032
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
3743 Reid Street, Palatka, FL , 32177
  • Size SF 6,119
  • Built/Renov2024
  • Price/SF$808
  • Lease Start06-01-2024
  • Rent/SF$38.40
  • Lease Type Abs NNN
  • Lot/AC4.84
  • Pop 5MI23,323

4,947,000

  • Cap Rate 4.75%
  • NOI $235,000
  • R. Term/Yrs 19.5
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 5% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
14910 Silver Trail Lane, Laurel, MD , 20707
  • Size SF 5,600
  • Built/Renov2023
  • Price/SF $964
  • Lease Start11-01-2023
  • Rent/SF$48.21
  • Lease Type Abs NNN
  • Lot/AC2.11
  • Pop 5MI198,765

5,400,000

  • Cap Rate 5.00%
  • NOI $270,000
  • R. Term/Yrs 18.10
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • Strategically located

  • Freeway close

  • Hospital close

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Corporate Guarantee

  • ...
  • Brand-new 2023 construction
  • Wawa recently signed a new 20-year ground lease with 6 (5-year) options to renew
  • The lease features a rental increase of 10% in Year 11 and 10% every 5 years in option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
413-425 West Penn Avenue, Robesonia, PA , 19551
  • Size SF 5,585
  • Built/Renov2024
  • Price/SF$1,108
  • Lease Start06-01-2024
  • Rent/SF$0.00
  • Lease Type Abs NNN
  • Lot/AC1.49
  • Pop 5MI25,794

6,190,000

  • Cap Rate 5.25%
  • NOI $325,005
  • R. Term/Yrs 19.5
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • Brand-new 19+ year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the primary term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
1500 West Harrisburg Pike, Middletown, PA , 17057
  • Size SF 5,585
  • Built/Renov2024
  • Price/SF$964
  • Lease Start09-01-2024
  • Rent/SF$48.70
  • Lease Type Abs NNN
  • Lot/AC1.30
  • Pop 5MI70,892

5,386,138

  • Cap Rate 5.05%
  • NOI $272,000
  • R. Term/Yrs 19.8
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Build to suit

  • Strategically located

  • University college close

  • Affluent suburb location

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
106 South State Road 7, Hollywood, FL , 33023
  • Size SF 6,119
  • Built/Renov2023
  • Price/SF$1,892
  • Lease Start11-22-2022
  • Rent/SF$89.88
  • Lease Type Abs NNN
  • Lot/AC2.36
  • Pop 5MI487,345

11,580,000

  • Cap Rate 4.75%
  • NOI $550,000
  • R. Term/Yrs 17.11
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Wawa has 18+ years remaining on the current ground lease term with 6 (5-year) options to extend
  • Lease features 7% rental increases at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
525 West Butler Avenue, Chalfont, PA , 18914
  • Size SF 4,500
  • Built/Renov2021
  • Price/SF $2,107
  • Lease Start05-06-2021
  • Rent/SF$97.97
  • Lease Type Abs NNN
  • Lot/AC4.04
  • Pop 5MI141,460

9,481,000

  • Cap Rate 4.65%
  • NOI $440,884
  • R. Term/Yrs 16.5
  • Guarantor Corporate
  • # Units 950
  • New construction

  • Signalized intersection

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Wawa has 17+ years remaining on the current lease term with 6 (5-year) options
  • Ground lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, V22. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
2313 East Fletcher Avenue, Tampa, FL , 33612
  • Size SF 5,600
  • Built/Renov2016
  • Price/SF
    $784
    $839
  • Lease Start02-01-2015
  • Rent/SF$41.96
  • Lease Type Abs NNN
  • Lot/AC2.21
  • Pop 5MI274,920
4,392,500
4,700,000
  • Cap Rate
    5.35%
     
    5.00%
  • NOI $235,000
  • R. Term/Yrs 11.2
  • Guarantor Corporate
  • # Units 950
  • Signalized intersection

  • University college close

  • Hospital close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Wawa has 12+ years remaining on its current lease term with 6 (5-year) options to extend
  • The ground lease features 8% rental increases every 5 years throughout the base term and at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, V22. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 950 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
611 Dal Hall Blvd, Lake Placid, FL , 33852
  • Size SF 5,636
  • Built/Renov2021
  • Price/SF$1,139
  • Lease Start08-01-2020
  • Rent/SF$51.28
  • Lease Type Abs NNN
  • Lot/AC2.57
  • Pop 5MI18,653

6,422,000

  • Cap Rate 4.50%
  • NOI $289,000
  • R. Term/Yrs 15.7
  • Guarantor Corporate
  • # Units 950
  • Signalized intersection

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Big Box center

  • Highway location

  • Strong tenant synergy

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Wawa has 16+ years remaining on the original 20-year ground lease with 6 (5-year) options to extend
  • The lease features 8% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, V22. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an every day stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 950 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
2901 West 16th Avenue, Hialeah, FL , 33012
  • Size SF 6,141
  • Built/Renov2022
  • Price/SF$1,393
  • Lease Start01-01-2022
  • Rent/SF$62.69
  • Lease Type Abs NNN
  • Lot/AC1.34
  • Pop 5MI413,444

8,556,000

  • Cap Rate 4.50%
  • NOI $385,000
  • R. Term/Yrs 17.0
  • Guarantor Corporate
  • # Units 950
  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Wawa has 17+ years remaining on the original 20-year ground lease with 9 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, V22. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an every day stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 950 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
212 Blackwood-Barnsboro Road, Washington Township, NJ , 08080
  • Size SF 5,585
  • Built/Renov2023
  • Price/SF$1,139
  • Lease Start12-01-2023
  • Rent/SF$56.94
  • Lease Type Abs NNN
  • Lot/AC2.61
  • Pop 5MI181,040

6,360,000

  • Cap Rate 5.00%
  • NOI $318,000
  • R. Term/Yrs 18.11
  • Guarantor Corporate
  • # Units 1,050
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand-new 2023 construction
  • Wawa recently signed a new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 10% rental increases every 5 years starting in lease year 6 and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

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3838 US Highway 27 South, Sebring, FL , 33870
  • Size SF 6,119
  • Built/Renov2021
  • Price/SF
    $877
    $926
  • Lease Start11-01-2020
  • Rent/SF$41.67
  • Lease Type Abs NNN
  • Lot/AC2.55
  • Pop 5MI45,995
5,368,500
5,667,000
  • Cap Rate
    4.75%
     
    4.50%
  • NOI $255,000
  • R. Term/Yrs 15.10
  • Guarantor Corporate
  • # Units 950
  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Highway location

  • Hospital close

  • Strong tenant synergy

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Wawa has 16+ years remaining on the original 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, V22. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an every day stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 950 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

...
77 U.S. 206, Byram Township, NJ , 07874
  • Size SF 5,585
  • Built/Renov2024
  • Price/SF$1,049
  • Lease Start04-01-2024
  • Rent/SF$48.79
  • Lease Type Abs NNN
  • Lot/AC2.60
  • Pop 5MI56,124

5,860,000

  • Cap Rate 4.65%
  • NOI $272,500
  • R. Term/Yrs 17.3
  • Guarantor Corporate
  • # Units 950
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • Wawa recently signed a brand-new 20-year ground lease with 6 (5-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, V22. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey. Today, the chain is an every day stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 950 convenience retail stores (over 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.

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