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3420 SW Martin Hwy
Palm City, FL 34990
Wawa - Palm City · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand new 20 year ground lease
  • Absolute NNN ground lease – No landlord management obligations
  • Located directly on the only corridor in Martin county that connects I-95, the Florida Turnpike, US-1 and the beaches of the Treasure Coast
  • Corporate guaranty with Wawa, Inc. – Investment grade credit (Fitch rating: BBB)
  • Fixed rental increases throughout the entire lease including options
  • Ideally located at Florida’s Turnpike interchange with easy access to I-95 as well

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,116 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.20 AC
Zoning
C - Commercial
Parking
49 Spaces (8.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-38-40-006-000-00010-0
Land Assessment
$712,380
Improvements Assessment
$1,485,750
Total Assessment
$2,198,130
  • Listing ID: 28461162

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 3420 SW Martin Hwy, Palm City, FL 34990

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