Wawa - Leesburg FL
New Construction 20 Yr. Lease | Neighboring the Villages Community (150,000+ Residents)
Marketing description
Introducing an exceptional investment opportunity located at 3150 W. Main Street, Leesburg, Florida! This single-tenant absolute NNN ground lease property, featuring a well-known tenant, Wawa, presents a cap rate of 4.50% with a net operating income of $210,000. With a brand-new 20-year lease and 6 (5-year) extension options, this property guarantees a steady income flow. Strategically situated at a busy, signalized hard corner intersection near the rapidly growing community of The Villages, this property benefits from a high annual population growth of 18.49%. The well-established tenant, Wawa Inc., boasts an investment-grade credit rating and a strong presence with over 1,100 locations nationwide. This property offers a hassle-free investment with an absolute NNN lease structure, ensuring no landlord responsibilities. Take advantage of this attractive opportunity to acquire a prime commercial asset in a thriving location with a reliable long-term tenant in place. Reach out now to secure this lucrative investment!
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