10040 Encounter Dr | Fairhope, AL 36532
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10040 Encounter Dr
Fairhope, AL 36532
Wawa · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-New 20 Year Lease – Strong Commitment to Site with (6) 5 Year Options
- Lease is Guaranteed by Wawa, Inc., an Investment Grade (Fitch: BBB), Nationally Recognized Brand With over 900+ Locations
- Zero Landlord Responsibilities
- Located on the Hard Corner of the Increasingly Busy Intersection of Highway 181 and Highway 104 – Highway 181 was recently expanded to 4-lane to accom
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,146 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.72 AC
Zoning
B-2 - Community Commercial District
Parking
23 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
198’ on Encounter Drive
PROPERTY TAXES
| Parcel Number | 46-01-02-0-000-001.510 | Improvements Assessment | $33,420 |
| Land Assessment | $463,060 | Total Assessment | $496,480 |
PROPERTY TAXES
Parcel Number
46-01-02-0-000-001.510
Land Assessment
$463,060
Improvements Assessment
$33,420
Total Assessment
$496,480
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