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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30950217
30950218

1384 US-82 BUS, Albany, GA 31701

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
$4,133,000
23 days on market
Updated 23 days ago

Wawa - Albany GA

Details
APN 029B 019
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 5,915
Cap Rate 5%
NOI $206,627
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+1)
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 10/31/2045
Remaining Term 19.4
Rent Bumps Yes
Lease Options 6 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 4.580
Zoning Commercial
Parking Spaces 53 spaces
Parking Per SqFt 8.96
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/01/2025
Ground Lease Yes
Ownership Leased Fee
Sale Condition 1031 exchange

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.

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
$206,627.00
$17,218.92/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Michael Berk
License
GA License No: 82412
Brokerage
SRS National Net Lease Group LP
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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