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31606300
31606363

7601 Vaughn Mill Rd, Louisville, KY 40228 For Sale

CS
TN 361676, TX 693140
Matthews
HC
TN TN 263667, AL AL 000168807 - 0 (+1)
Matthews
CL
TN 386440
Matthews
Listed by Matthews
$3,818,642
104 days on market
Updated 5 days ago

Wawa | Louisville, KY | $3,818,642

Details
APN 23064500720000
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 5,915
Cap Rate 5.25%
NOI $200,484
Occupancy 100%
Tenancy Single
Brand/Tenant Wawa
Lease Type Absolute NNN
Lease Expiration 03/15/2046
Remaining Term 19.7
Rent Bumps Yes
Lease Options Six, 5-year
Price per SqFt $646
Year Built 2026
Acreage 2.660
Investment Type Stabilized
Ground Lease Yes
Ownership Ground Lease

Retail | 5.25% CAP | 5,915 SqFt

Marketing description

Introducing an exceptional investment opportunity at 7601 VAUGHN MILL RD, LOUISVILLE, KY 40228. This cutting-edge Wawa build boasts new construction and a 20-year NNN lease, backed by a corporate guarantee, offering hassle-free ownership for long-term, passive income. With a spacious 2.66-acre lot, this property provides room for future enhancements like EV charging stations or expansion possibilities. Benefit from the strong national presence of Wawa, a renowned name in the convenience and foodservice industry, known for its loyal customer base and consistent growth. Located at a bustling corner with high traffic visibility, this property caters to over 185,000 residents within a 5-mile radius, ensuring a steady stream of customers. The property's strategic position at a signalized intersection amplifies its exposure, making it an ideal investment for those seeking a stable, lucrative asset with strong growth potential. Don't miss out on this turn-key investment opportunity offering a modern, low-maintenance experience with promising returns.

Investment highlights

Brand New Construction: This recently completed, modern Wawa

build eliminates the need for near-term capital improvements

and meets the latest building standards, offering a turn-key, low maintenance

investment.

Large Lot Size: The ±2.66 acre lot provides ample space for efficient

operations, excellent traffic flow, and future adaptability such as EV

charging stations or site expansion.

20-Year NNN Lease: Backed by a corporate guarantee from Wawa

Inc., the lease offers two decades of stable, passive income with no

landlord responsibilities—ideal for long-term, hands-off ownership.

Strong National Brand: Wawa is a leading name in the convenience

and foodservice sector, known for high unit performance, strong

brand loyalty, and continued regional expansion.

Strong Local Demographics: An average household income of nearly

$88K within 1 mile indicates strong consumer spending and supports

healthy retail performance.

Excellent Visibility & Access: Located along Vaughn Mill Rd with

over 14,000 vehicles per day, the site offers strong exposure and

convenient access for both local and commuter traffic.

Dense Surrounding Population: More than 185,000 residents live

within a 5-mile radius, ensuring a steady, built-in customer base for

consistent sales.

Hard Signalized Corner: Positioned at the intersection of Outer Loop

Rd and Vaughn Mill Rd, the property benefits from full-turn access

and high-profile frontage at a key retail corner.

Listing Contacts

CS
TN 361676, TX 693140
Matthews
HC
TN TN 263667, AL AL 000168807 - 0 (+1)
Matthews
CL
TN 386440
Matthews
Listed by Matthews

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,484.00
$16,707.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Kyle Matthews
License
221925, 239410 (KY)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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