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2835 Miami Village Dr
Miamisburg, OH 45342
Wawa Ground Lease | Dayton MSA · Retail Property For Sale


Investment Highlights
- New 20-year absolute NNN ground lease to Wawa, a leading chain of convenience stores and fuel stations that is aggressively expanding its presence
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Wawa plans to nearly double its store count by 2030 to approximately 1,800 locations.
- 10% rental increases every five (5) years throughout initial term and six (6) option periods, ensuring consistent income growth.
- Corporate-backed lease by Wawa, Inc., ranked #20 on the Forbes Largest Private Companies List, providing investor confidence in a proven brand.
- High-visibility and easily accessible location at the signalized four-way intersection of North Springboro Pike & Miami Village Drive
Executive Summary
Prime Retail Location: High-visibility and easily accessible location at the signalized four-way intersection of North Springboro Pike & Miami Village Drive (combined 22,000+ AADT). Interstate 75: Visibility from Interstate 75, feeding directly to Downtown Dayton & Downtown Cincinnati, leading to significantly increased commuter traffic (112,108 AADT). Reliable Tenancy: Wawa is aggressively expanding its presence beyond its traditional East Coast footprint, opening new locations in Georgia, Alabama, and the Carolinas, with plans to enter Tennessee and Kentucky in the coming years. Strong Demographic Base: The five-mile radius serves a populous region of 143,248, supported by an average annual household income of $125,867. Major Retail Corridor: Prime location walking distance from Austin Landing, a large mixed-use retail, dining, entertainment, office, hotel, and residential development, and directly south of Dayton Mall, which receives between 4.5 - 5 million visits annually. Zero Management Responsibilities: Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure and parking lot. Growing Market Dynamics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Wawa and Miami Township for steady concurrent growth.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,919 SF
Building Class
B
Year Built
2026
Price
$4,891,000
Price Per SF
$826.32
Cap Rate
5%
NOI
$244,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.41 AC
Parking
46 Spaces (7.77 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | K45-02603-0192 | Improvements Assessment | $0 |
| Land Assessment | $125,060 | Total Assessment | $125,060 |
Property Taxes
Parcel Number
K45-02603-0192
Land Assessment
$125,060
Improvements Assessment
$0
Total Assessment
$125,060
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