SRS Real Estate Partners
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Tampa, SRS Real Estate Partners
$9,915,000
Wawa - Manassas VA
Details
APN 7697-33-5350
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 6,048
Pumps 16
Cap Rate 4.7%
NOI $466,125
Occupancy 100%
Tenancy Single
Brand/Tenant Wawa
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2040
Remaining Term 14
Rent Bumps Yes
Lease Options 6 (5-Year)
Year Built 2020
Acreage 1.670
Zoning B-1
Parking Spaces 46 spaces
Parking per 1,000 SqFt 7.61
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 08/01/2020
Ground Lease Yes
Ownership Fee Simple
Single Tenant Absolute NNN Ground Lease Investment Opportunity
Investment highlights
- Corporate Guaranteed Ground Lease | 14+ Years Remaining | Scheduled Rental Increases | 24-Hour Store
- Absolute NNN Ground Lease | Fee Simple Ownership | Zero Landlord Responsibilities
- Outparcel to Lowe’s | Near Sudley Towne Plaza, Bull Run Plaza
- Rare Retail Opportunity | Nearby Residential Communities | High Barriers To Entry
- Hard Corner Intersection | Excellent Visibility & Access
- Strong Demographics In 5-mile Trade Area
Listing Contacts
SRS Real Estate Partners
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Tampa, SRS Real Estate Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$466,125.00
$38,843.75/mo
Valuation Metrics
0
DSCR
4.7%
Cap Rate
4.7%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Is there information that looks off?
