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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30950158
30950159

3150 W Main St, Leesburg, FL 34748

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$4,667,000
23 days on market
Updated 23 days ago

Wawa - Leesburg FL

Details
APN 21-19-24-0003-000-24300
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 6,119
Cap Rate 4.5%
NOI $210,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+1)
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 11/29/2045
Remaining Term 19.5
Rent Bumps Yes
Lease Options 6 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 2.650
Zoning Commercial
Parking Spaces 60 spaces
Parking Per SqFt 9.81
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/30/2025
Ground Lease Yes
Ownership Leased Fee

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!

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$210,000.00
$17,500.00/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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