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919 W State Road 436
Altamonte Springs, FL 32714
Wawa Ground Lease · Retail Property For Sale
Investment Highlights
- Absolute net ground lease | Zero landlord responsibilities | Desirable lease term | 9.5+ years remaining | 4.5% Cap Rate
- Great visibility from W State Rd 436 | 55,500 VPD
- Large parcel | 3.97 acres | Potential development opportunity included on the back half of the parcel priced at $1,500,000
- Corporate lease | Wawa, Inc. | 1,170 locations across 14 states
- Located inside of dense retail corridor | 3.9M SF within a 2-mile radius
- See Data Room For Additional Information
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.
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
Tenancy
Single
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
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
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