5980 W MEMORY LN Greenfield IN 46140-7933

Introducing a lucrative investment opportunity in Greenfield, Indiana - 5957 West US Highway 40.​ This property boasts a brand-new 20-year lease with Wawa Midwest, LLC, a well-established convenience store and gas station operator with over 1,100 locations.​ The lease is guaranteed by Wawa Inc.​, an investment-grade company, adding to the property's appeal.​ With a net operating income of $210,000 and a competitive cap rate of 5.00%, this single-tenant absolute NNN ground lease offers a secure and long-term investment.​ The lease includes 6 (5-year) extension options and 7% rental increases every 5 years from year 11 onwards, ensuring a reliable income stream for potential investors.​

• ​​Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
• ​​Absolute NNN Ground Lease | Land Ownership No Landlord Responsibilities
• ​​Signalized, Hard Corner Intersection | Brand New Construction |Wawa - Strong Earnings Report and Continued Growth
• ​​Local Demographics in 5-mile Trade Area

Introducing a lucrative investment opportunity in Greenfield, Indiana - 5957 West US Highway 40. This property boasts a brand-new 20-year lease with Wawa Midwest, LLC, a well-established convenience store and gas station operator with over 1,100 locations. The lease is guaranteed by Wawa Inc., an investment-grade company, adding to the property's appeal. With a net operating income of $210,000 and a competitive cap rate of 5.00%, this single-tenant absolute NNN ground lease offers a secure and long-term investment. The lease includes 6 (5-year) extension options and 7% rental increases every 5 years from year 11 onwards, ensuring a reliable income stream for potential investors.

• Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
• ​Absolute NNN Ground Lease | Land Ownership No Landlord Responsibilities
• Signalized, Hard Corner Intersection | Brand New Construction |Wawa - Strong Earnings Report and Continued Growth
• Local Demographics in 5-mile Trade Area