Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners New York
$5,333,000
Wawa - Avon Park FL
Details
APN A-15-33-28-060-00A0-0000
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 6,372
Cap Rate 4.5%
NOI $240,000
Occupancy 100%
Tenancy Single
Brand/Tenant Wawa
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 10/31/2046
Remaining Term 20.3
Rent Bumps Yes
Lease Options 6 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 2.610
Zoning C-2
Parking Spaces 58 spaces
Parking per 1,000 SqFt 9.10
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/08/2026
Ground Lease Yes
Ownership Fee Simple
Sale Condition 1031 exchange
20 Year Ground Lease | New Construction | Corporate Lease
Investment highlights
- 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, Four-Way Intersection | Off US 27 & 98 (39,500 VPD) |Wawa - Strong Earnings Report and Continued Growth
- Regional Traffic Corridor | Limited Convenience Supply
Listing Contacts
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners New York
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$240,000.00
$20,000.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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