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Executive Summary

Newly constructed, Absolute NNN ground lease Wawa gas station/convenience store located at 1740 N Fairfax Boulevard in Ranson, West Virginia.
5,915 square foot convenience store
8 fuel pumps
Strategically positioned at the signalized intersection of North Fairfax Boulevard and WV Route 9
Traffic counts exceeding 26,000 vehicles per day
Surrounded by a strong lineup of national retailers including Weis Market, Home Depot, Kohl’s McDonald’s, Chick-fil-A, Five Guys, Dollar Tree, and Panera
Zero landlord responsibilities
Investment-grade Corporate Guarantee

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,915 SF
Building Class
B
Year Built
2025
Price
$5,339,800
Price Per SF
$902.76
Cap Rate
5.15%
NOI
$275,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.11 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
310’ on N Fairfax Blvd

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Wawa, Inc., a privately held company, began in 1803 as an iron foundry in New Jersey. Toward the end of the 19th Century, owner George Wood took an interest in dairy farming and the family began a small processing plant in Wawa, PA in 1902. The milk business was a huge success, due to its quality, cleanliness and “certified” process. As home delivery of milk declined in the early 1960s, Grahame Wood, George’s grandson, opened the first Wawa Food Market in 1964 as an outlet for dairy products. Today, Wawa is your all day, every day stop for freshly prepared foods, beverages, coffee, fuel services and surcharge-free ATMs. Wawa stores are located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Florida and Washington, D.C. The stores offer a large fresh foodservice selection, including Wawa brands such as custom prepared hoagies, freshly-brewed coffee, hot breakfast sandwiches, specialty beverages and an assortment of soups, sides and snacks.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100

Nearby Major Retailers

Weis Markets
City National Bank
Glory Days Grill
Sunbelt Rentals
Five Guys

Property Taxes

Property Taxes

Parcel Number
08-8-00010004
Land Assessment
$594,200
Improvements Assessment
$0
Total Assessment
$594,200
  • Listing ID: 39969624

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 1740 N Fairfax Blvd, Ranson, WV 25438

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