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4660 W STATE ROAD 46 Sanford FL 32771-9218

APN 29193051300000010

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Details
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Building SqFt 6,188
Lot SqFt 86,071
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-2
Year Built 2016
Building Count 2
Opportunity Zone No
Lease Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station, Storefront
Asking Details
Asking Price
$5,106,000
Asking Cap Rate
4.75%
Asking NOI
$242,550
Marketing Description

Introducing an exceptional investment opportunity in Sanford, Florida - 4660 West State Rd.​ 46.​ This single-tenant absolute NNN ground lease property boasts a high-traffic location directly off I-4 with impressive visibility (140,000 VPD).​ The tenant, Wawa, a leading convenience store and gas brand, generated $18.6 billion in revenue in 2024.​ Featuring a corporate guaranteed lease with 11+ years remaining and scheduled rental increases, this property promises stability and long-term income potential.​ With 6 (5-year) extension options and a top-performing location ranking in the 78th percentile nationwide, this Wawa site is a lucrative investment.​ The lease structure includes no landlord responsibilities, making it a hassle-free opportunity for investors.​

Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station, Storefront
Marketing Description

Introducing an exceptional investment opportunity in Sanford, Florida - 4660 West State Rd. 46. This single-tenant absolute NNN ground lease property boasts a high-traffic location directly off I-4 with impressive visibility (140,000 VPD). The tenant, Wawa, a leading convenience store and gas brand, generated $18.6 billion in revenue in 2024. Featuring a corporate guaranteed lease with 11+ years remaining and scheduled rental increases, this property promises stability and long-term income potential. With 6 (5-year) extension options and a top-performing location ranking in the 78th percentile nationwide, this Wawa site is a lucrative investment. The lease structure includes no landlord responsibilities, making it a hassle-free opportunity for investors.

Investment Highlights
  • 2016 Construction | Corporate Guaranteed (Fitch: BBB) | Scheduled Rental Increases | Options to Extend

  • Absolute NNN Ground Lease | No State Income Tax | No Landlord Responsibilities | Land Ownership

  • Located Along State Highway 46 | Centralized Location |Dense Trade Area | Direct Residential Consumer Base

  • Strong Demographics in 5-Mile Trade Area | Affluent Community

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Mortgage Recording Date
******
Mortgage Term
******
Document Number
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
******
Loan Amount
******
Mortgage Book
******
Mortgage Document Date
******
Mortgage Document Number
******
Recording Book
******
Recording Page
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Transfer Tax
******
Mortgage Page
******
Sold By
******
Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-2 CommercialRetail CommercialRetail Commercial
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Last updated Jan 28, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
PN
Patrick Nutt PRO
LIC: BK3120739 (+1)
•••.•••.7365
•••••••.nutt@•••••.com
Brokerage logo
Listing removed on
 BY:
WW
William Wamble PRO
LIC: SL3257920
•••.•••.8278
•••••••.••mble@•••••.com
Brokerage logo

Map

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