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Wawa 7601 Vaughn Mill Rd 5,915 SF 100% Leased Retail Building Louisville, KY 40228 $3,892,893 ($658.14/SF) 5.15% Cap Rate
Investment Highlights
- LEASE TYPE: Absolute NNN
- DENSE SURROUNDING POPULATION: More than 185,000 residents live within a 5-mile radius, ensuring a steady, built-in customer base for consistent sales.
- ROOF, PARKING LOT, STRUCTURE: Tenant Responsibility
Executive Summary
Brand New Construction: This recently completed, modern Wawa build eliminates the need for near-term capital improvements and meets the latest building standards, offering a turn-key, low-maintenance investment.
Large Lot Size: The ±2.66 acre lot provides ample space for efficient operations, excellent traffic flow, and future adaptability such as EV charging stations or site expansion.
20-Year NNN Lease: Backed by a corporate guarantee from Wawa Inc., the lease offers two decades of stable, passive income with no landlord responsibilities—ideal for long-term, hands-off ownership.
Strong National Brand: Wawa is a leading name in the convenience and foodservice sector, known for high unit performance, strong brand loyalty, and continued regional expansion.
Strong Local Demographics: An average household income of nearly $88K within 1 mile indicates strong consumer spending and supports healthy retail performance.
Excellent Visibility & Access: Located along Vaughn Mill Rd with over 14,000 vehicles per day, the site offers strong exposure and convenient access for both local and commuter traffic.
Hard Signalized Corner: Positioned at the intersection of Outer Loop Rd and Vaughn Mill Rd, the property benefits from full-turn access and high-profile frontage at a key retail corner.
Large Lot Size: The ±2.66 acre lot provides ample space for efficient operations, excellent traffic flow, and future adaptability such as EV charging stations or site expansion.
20-Year NNN Lease: Backed by a corporate guarantee from Wawa Inc., the lease offers two decades of stable, passive income with no landlord responsibilities—ideal for long-term, hands-off ownership.
Strong National Brand: Wawa is a leading name in the convenience and foodservice sector, known for high unit performance, strong brand loyalty, and continued regional expansion.
Strong Local Demographics: An average household income of nearly $88K within 1 mile indicates strong consumer spending and supports healthy retail performance.
Excellent Visibility & Access: Located along Vaughn Mill Rd with over 14,000 vehicles per day, the site offers strong exposure and convenient access for both local and commuter traffic.
Hard Signalized Corner: Positioned at the intersection of Outer Loop Rd and Vaughn Mill Rd, the property benefits from full-turn access and high-profile frontage at a key retail corner.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,915 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$3,892,893
Price Per SF
$658.14
Cap Rate
5.15%
NOI
$200,484
Percent Leased
100%
Building Height
1 Story
Property Taxes
| Parcel Number | 064500720000 | Improvements Assessment | $0 |
| Land Assessment | $1,500,000 | Total Assessment | $1,500,000 |
Property Taxes
Parcel Number
064500720000
Land Assessment
$1,500,000
Improvements Assessment
$0
Total Assessment
$1,500,000
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Wawa | 7601 Vaughn Mill Rd
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