Property details

New Florida Wawa Ground Lease, Southeast Region

Property Description

Located in an Income Tax Free State!     

New Florida Wawa Ground Lease

20-year ground lease

Opening September, 2019

4.5% cap rate - $5,000,000

Selling Off Market

Lease Years Annual Rent Amount
Years 1-10 $225,000
Years 11-15 $240,750
Years 16-20 $257,603

Years 21-25 (Extension Option 1) $275,635

Years 26-30 (Extension Option 2) $294,929

Years 31-35 (Extension Option 3) $315,574

Years 36-40 (Extension Option 4) $337,664

Years 41-45 (Extension Option 5) $361,301

Years 46-50 (Extension Option 6) $386,592

Net Lease Properties For Sale

Ground Lease Properties For Sale

About the Tenant

Very strong tenant!


New Florida Wawa Ground Lease

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Cap Rate:
Annual Rent:
Rent Increases:

Property Information

Property Type:
Ground Lease
Industry Type:
Convenience Store - Gas
Purchase Tenure:
Fee Simple

Lease information

Lease Type:
Lease Commencement:
Lease Expiration:
Lease Term:
20 years
Lease Remaining:
15.4 years
Landlord Responsibilities:
Absolute NNN Lease

Existing financing information


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.