Wawa Davie, Florida
Absolute NNN Wawa | Densely Populated S. Florida Location | Davie, FL
Marketing description
CBRE is pleased to exclusively present an absolute NNN Wawa ground lease located in one of South Florida's most desirable retail corridors. The property benefits from immediate access to Interstate 95 (229,000±VPD) and Florida's Turnpike (157,600±VPD), within a dense 5-mile trade area supported by more than 382,000 residents and 163,000 employees. This location had 970.6K visits between 05/01/25 and 04/30/26 (per Placer.AI).
Positioned near several major educational institutions — including Nova Southeastern University, Broward College, Atlantic Technical College, McFatter Technical College, and Nova High School — the property benefits from a substantial built-in student consumer base totaling approximately 85,240 students.
Tower Shops, a 431,000 square foot regional retail destination featuring Trader Joe's, Costco, Home Depot, Best Buy, Ross & TJ Maxx, is just to the west and construction of the largest multifamily project in the town's history, The District in Davie, is currently underway to the southeast. The $1 billion, 2.8 million square foot mixed use project will ultimately include 1,292 rental units and 36,000 square feet of restaurants and retail. This new development is just minutes from The Guitar Hotel at Seminole Hard Rock Hotel & Casino, one of the most popular entertainment and hospitality centers in South Florida.
Wawa consistently ranks on Forbes lists of top private companies, recently placing at #21 on Forbes' Americas Top Private Companies for 2025 with a 2024 annual revenue of $18.8 billion. The company recently revealed plans for "the most aggressive growth" in company history, according to CEO Chris Gheysen, with plans to open as many as 280 new stores over the next decade.
Investment highlights
- 14 years remaining with (6) five-year renewal options
- 8% rent increases every 5 years including options (first increase in 2031)
- Davie is one of South Florida's most sought-after retail and residential markets
- Densely populated trade area supported by 382,000 residents and 163,000 employees
- Strategically located off Interstate 95 (229,000 VPD) and Florida's Turnpike (157,600 VPD)
- Absolute NNN ground lease with NO landlord responsibilities
- Wawa operates 1,215± locations across the United States with 319 locations in Florida
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
