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Wawa Ground Lease 919 W State Road 436 6,119 SF 100% Leased Retail Building Altamonte Springs, FL 32714 $7,858,000 ($1,284.20/SF)
Investment Highlights
- Absolute net ground lease | Zero landlord responsibilities
- Corporate lease | Wawa, Inc. | 1,170 locations across 14 states
- Located inside of dense retail corridor | 3.9M SF within a 2-mile radius
- Desirable lease term | 9.5+ years remaining
- Great visibility from W State Rd 436 | 55,500 VPD
- Long operating history | Leased since 2015
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Wawa Ground Lease in Alamonte Springs, FL. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Service Station
Building Size
6,119 SF
Building Class
B
Year Built
2015
Price
$7,858,000
Price Per SF
$1,284.20
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
3.69 AC
Zoning
CG
Parking
71 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
261’ on State Road 436
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-21-29-300-002G-0000 | Improvements Assessment | $1,174,036 |
| Land Assessment | $3,076,415 | Total Assessment | $4,250,451 |
Property Taxes
Parcel Number
16-21-29-300-002G-0000
Land Assessment
$3,076,415
Improvements Assessment
$1,174,036
Total Assessment
$4,250,451
Contacts
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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Videos
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Photos
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Street
Map
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Wawa Ground Lease | 919 W State Road 436
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