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1461 Armory Dr
Franklin, VA 23851
Wawa Ground Lease · Retail Property For Sale
Investment Highlights
- New 20-year absolute NNN ground lease with six (6) extension periods of five (5) years each
- Wawa increased revenue 36% in 2022 to claim a spot among the 25 largest private companies in the U.S.
- 35,101 residents within a 15-mile radius of the property, providing a large customer base for the location
- Long-term lease to strong and expanding operator with 900+ units
- Located on a signalized intersection with full access
- Directly across from the only Walmart Supercenter location within 25 miles of the site
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,049 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.88 AC
Zoning
B3
Parking
54 Spaces (8.93 Spaces per 1,000 SF Leased)
Frontage
341’ on Armory Drive
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
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