www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30950179
30950180

2040 Nolte Road, St. Cloud, FL 34772

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
$5,222,000
87 days on market
Updated 87 days ago

Wawa - Orlando (St Cloud) FL

Details
APN 142630495000010572
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 5,636
Cap Rate 4.5%
NOI $235,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+1)
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 11/01/2045
Remaining Term 19.4
Rent Bumps Yes
Lease Options 6 (5-Year)
Price per SqFt $927
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 1.880
Zoning Commercial
Parking Spaces 58 spaces
Parking Per SqFt 10.29
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 11/01/2025
Ground Lease Yes
Ownership Leased Fee
Sale Condition 1031 exchange

20 Year Ground Lease | New Construction | Corporate Lease | AHHI $101,572 in 5 Mile Radius

Marketing description

Introducing an impeccable real estate gem - the 2040 Nolte Road in St. Cloud, Florida, a flagship piece in the Orlando MSA. Situated in a prime location at a signalized, hard corner intersection, this single-tenant Absolute NNN ground lease investment offers a rare opportunity. Boasting an Average Household Income exceeding $101,572 within a 5-mile radius, this property is part of a larger retail development with high visibility, attracting substantial traffic at 21,000 VPD. The 5,636 SF building on 1.88 AC land, built in 2025, is leased to Wawa with a corporate guaranty and features a brand-new 20-year lease with 6 (5-year) extension options. With scheduled rental increases and no landlord responsibilities, investors benefit from a hassle-free income stream. Don't miss out on this enticing investment opportunity with a 4.50% cap rate, offering stability, growth potential, and a nationally recognized tenant in a thriving market.

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

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$235,000.00
$19,583.33/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

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.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591