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101st Airborne Division Pkwy
Clarksville, TN 37042
Wawa - Clarksville, TN · Retail Property For Sale
Investment Highlights
- The lease provides a 20-year initial term with 6, 5-year renewal options, up to 50 years of total term. Built-in rent bumps of approximately 5%.
- Situated directly on 101st Airborne Division Parkway, the primary access corridor to Fort Campbell, the site benefits from 39,484 vehicles per day.
- Tennessee imposes no state income tax, no rent control, and maintains strong landlord protections, consistently attracting residents and businesses.
- Wawa, Inc. is one of the most recognized convenience & fuel brands in the U.S., operating 1,000+ locations with annual revenues exceeding $19 billion.
- Clarksville ranks among the 25 fastest-growing cities in the United States, adding 14,000 residents in just 3 years.
- Zero landlord responsibility structured as an Absolute Triple Net (NNN) Ground Lease, the tenant is responsible for all taxes, insurance, utilities.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 5,915 SF Wawa located on 101st Airborne Division Parkway in Clarksville, TN. This deal includes a premier new-construction Absolute Triple Net (NNN) Ground Lease investment secured by one of the nation’s most coveted convenience store operators and positioned along the primary commercial corridor serving one of Tennessee’s fastest-growing markets.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,915 SF
Building Class
C
Year Built
2026
Price
$4,522,252
Price Per SF
$764.54
Cap Rate
4.75%
NOI
$214,807
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.84 AC
Frontage
562’ on Parkway Place
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