Wawa - Albany GA
AHHI Exceeds $108,464 | Large 4.58 AC Parcel | Nearby Walmart Ranks in 80th Percentile Nationwide
Marketing description
Introducing an irresistible investment opportunity at 1384 US-82 W, Albany, Georgia 31763. This single-tenant absolute NNN ground lease property boasts a spacious 4.58 AC parcel generating a net income of $206,627 with a 5.00% cap rate. Tenant Wawa, a top convenience store operator with over 1,100 locations, guarantees the lease. Featuring a brand-new 20-year lease with 5% rent increases every 5 years, this property promises long-term stability. With a national credit rating of BBB, Wawa’s commitment is secured. Plus, the lease offers 6 extensions of 5 years each, amplifying the investment potential. Located at a signalized intersection on a prime main thoroughfare, this property is surrounded by retail establishments. With Wawa’s impressive financial performance and continuous growth in revenue, this property presents a management-free, land-ownership investment opportunity not to be missed.
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