Property details

Wawa Ground Leases Portfolio For Sale, Northeast Region

Property Description

Wawa Ground Leases Portfolio For Sale

Great Opportunity To Capture New Product in The Booming Convenience Store Industry

Multiple Wawa ground leases available as a bulk, short-to-long term portfolio acquisition period.

Pipeline of New Future Delivery Dialysis Properties Confidentially Available

Fantastic opportunity to get in early at a favorable Cap Rate in exchange for an early commitment.

All locations will be presold when all permits and a signed leases are in place.

All have 20-Year Primary Lease Terms

All leases have 10% escalations every 5 years.

All locations are priced at 5.25% Cap Rate (Wawa’s are currently being offered at 4.25% to 4.50% Cap Rates).

All are free-standing.

Prices will range from $3.5m to $7.5m.

This is a confidential offering.

All are located in one state east of the Mississippi. The state shown is used for example only.

Please inquire for further information.



Ground Lease Properties For Sale



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Highlights

Status:
Available
Price:
$100,000,000
Cap Rate:
5.25%
Rent Increases:
10% escalations every 5 years
 

Property Information

Property Type:
Ground Lease
Industry Type:
Convenience Store - Gas
Units/Spaces:
1
Year Built:
2018
Purchase Tenure:
Fee Simple
 

Lease information

Tenant:
Wawa
Lease Type:
NNN
Lease Commencement:
03/29/2018
Lease Expiration:
03/29/2018
Lease Remaining:
-0.4 years
Landlord Responsibilities:
None - Absolute Triple Net (NNN)
Options:
Inquire
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.