Log In/Sign Up
Your email has been sent.
Wawa - Cincinnati (Fairfield) OH 4597 Dixie Hwy 5,915 SF Retail Building Fairfield, OH 45014 $4,939,000 ($835.00/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized Hard Corner Intersection | Across From Industrial Hub |Wawa - Strong Earnings Report and Continued Growth
- Absolute NNN Ground Lease | Land Ownership No Landlord Responsibilities
- Strong Demographics in 5-mile Trade Area
EXECUTIVE SUMMARY
• The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations
• Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
• Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
• 2025 construction with high quality materials and distinct design elements
• Large 3.39-acre parcel
• Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
• Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
• 2025 construction with high quality materials and distinct design elements
• Large 3.39-acre parcel
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
5,915 SF
Building Class
B
Year Built
2025
Price
$4,939,000
Price Per SF
$835.00
Cap Rate
5%
NOI
$246,945
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.39 AC
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $66,420 | |
| Land Assessment | $183,600 | Total Assessment | $250,020 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$183,600
Improvements Assessment
$66,420
Total Assessment
$250,020
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Wawa - Cincinnati (Fairfield) OH | 4597 Dixie Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.