Wawa - Orlando (St Cloud) FL
20 Year Ground Lease | New Construction | Corporate Lease | AHHI $101,572 in 5 Mile Radius
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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.
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