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Wawa 3015 Lebanon Rd 5,250 SF 4-Star Retail Building Lebanon, OH 45036 $6,039,000 ($1,150.29/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 20 Year Lease | Options To Extend | New Construction
- Direct Access via I-71 (47,500 VPD) | State Hwy 48 (28,100 VPD) Nearby National/Credit Tenants | Industrial Corridor
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area | Affluent Community
EXECUTIVE SUMMARY
The asset is strategically positioned near the on/off ramps of Interstate 71 (47,500 VPD) and State Highway 48 (28,100 VPD), two heavily traveled commuter corridors providing direct connectivity to downtown Cincinnati and the broader region. Directly across State Route 48 sits the Ohio State Patrol headquarters, reinforcing daily traffic, while the property also benefits from its location in Lebanon, the county seat of Warren County and a central hub for civic, legal, and administrative activity. One exit south is Kings Island, one of the largest amusement parks in the Midwest, drawing millions of visitors annually and generating substantial seasonal and weekend traffic. Furthermore, directly across from Kings Island is the Lindner Family Tennis Center, host of the Cincinnati Open, a premier professional tennis tournament, which has undergone over $250 million in public and private investment to support year-round use and global attendance. The surrounding area is further supported by over 1.7 million square feet of nearby industrial space anchored by major users such as FedEx, operating at an exceptionally low 0.4% vacancy rate, driving consistent daytime population from a dense labor force. Combined with strong crossover traffic from national retailers including Home Depot, Target, Lowe’s, and Kohl’s within one mile, and an affluent five-mile trade area supported by 72,500 residents and 29,300 employees, the location provides a compelling environment for a high-volume QSR, fuel, and convenience-oriented use
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,250 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$6,039,000
Price Per SF
$1,150.29
Cap Rate
5.15%
NOI
$311,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.17 AC
Zoning
I-1 - Light Industrial
Frontage
723’ on Kingsview Drive
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Wawa
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Wawa | Retailer | 99,999 SF | - | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
CONTACTS
-
Frank Rogers -
Lauren Challa -
Michael Carter -
Patrick Luther -
Matthew Mousavi -
Sarah Shanks -
SRS Real Estate Partners
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Wawa | 3015 Lebanon Rd
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