State Route 54 And Cool Springs Rd
Odessa, FL 33556
Wawa | 20 YR NNN Corp. Ground Lease | 62k VPD · Retail Property For Sale

The Wawa is strategically located just past the signalized intersection of State Road 54 and Trinity Boulevard, with excellent visibility and access to 79,900 vehicles per day. The property is part of Trinity Lakes Crossing, a new retail development which will include notable tenants like Hampton Inn, ABC Fine Wine & Spirits, Starbucks, Burger King, Wawa, Trinity Car Wash, Achieva Credit Union, and more. Trinity Lakes Crossings has direct access to the Shoppes at Trinity Lakes, a Publix-anchored shopping center that also features Orangetheory Fitness, Moe's Southwest Grill, Mathnasium, Hair Cuttery, Verizon, and Wendy's. The property is also close to Mitchell Ranch Plaza, which has more than 40 stores and services, including Target, Ross, Marshalls, PetSmart and Pier 1 Imports. Other major retailers located near the property include Walmart Supercenter, CVS, Anytime Fitness, Buffalo Wild Wings, and McDonald's. The area around the property is developing rapidly, with several commercial and residential projects underway near the site. The Wawa is directly across from Starkey Ranch, a 2,500-acre community planned for over 5,000 homes, a 20-mile trail system, 150 acres of parks, a K-8 school, a public library, a community theater, a business park, and a commercial center. Another mixed-use community, Asturia, is located nearby. Once completed, Asturia will have 670 single family homes, 200 townhomes, 440 luxury apartments, and approximately 18 acres of retail, office, and commercial development. Between 2010 and 2018, the population within one mile of the property grew more than 137% and more growth is predicted. The area is expected to have 22,575 new residential units by the end of 2019. In total, 47,775 residential units are expected to be built out by the end of 2022 within the property's immediate trade area, increasing the population by an estimated 143,325 people. Additionally, the property is located in an affluent area, with an average household income of $94,694 within a three-mile radius.