5445 Capital Cir SW, Tallahassee, FL 32305 For Sale

Don't miss this exclusive ground lease investment featuring a single-tenant absolute NNN property leased by Wawa, a revenue-generating powerhouse with over $18.6 billion in 2024. This 4-acre parcel, housing a newly constructed 5,915 SF store, offers a 20-year lease with guaranteed corporate backing and 7% rental increases every five years. Benefit from an investor-friendly arrangement with no landlord responsibilities, state income tax, and a solid Fitch credit rating of BBB. Wawa, a nationwide brand with 1,100+ locations, ensures stability with six 5-year extension options. Forbes ranked Wawa 22nd among America's largest private companies, cementing its status as a trusted convenience store operator. This modern property, boasting high-quality construction and design, presents a lucrative opportunity with a 4.50% cap rate and $182,000 net operating income.