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14251 US Highway 301
Sun City Center, FL 33573
Wawa - Riverview, FL (Paseo) · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized, Hard Corner Intersection | Main Retail Trade Area | Off I-75 (154,000 VPD) | New Developments | New Infrastructure
- Absolute NNN Ground Lease | Land Ownership | No Landlord Responsibilities
- Strong Demographics In 5-mile Trade Area
Executive Summary
• The lease is guaranteed by Wawa, Inc., an investment-grade tenant (Fitch: BBB), nationally recognized and established convenience store and gas brand with over 1,260 locations
• Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 10% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
• Wawa was ranked No. 21 in Forbes 2025 Ranking of America’s largest private companies
• The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030
• 2026 construction with high quality materials and distinct design elements
• Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 10% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
• Wawa was ranked No. 21 in Forbes 2025 Ranking of America’s largest private companies
• The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030
• 2026 construction with high quality materials and distinct design elements
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
6,103 SF
Building Class
B
Year Built
2026
Price
$6,300,000
Price Per SF
$1,032.28
Cap Rate
4.50%
NOI
$283,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.99 AC
Zoning
PD - Planned Development
Parking
52 Spaces (8.52 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
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