Wawa
Orlando, FL 32837
20 Yr- Trophy Orlando Site near Theme Parks · Retail Property For Sale

TROPHY ORLANDO ASSET MINUTES FROM DISNEY WORLD! Brand New 20 Yr. Absolute NNN Ground Lease! We are pleased to offer to qualified investors a brand new Wawa investment property, situated on a huge 2.5 acre lot and secured by a long-term absolute NNN lease. Located in Orlando, FL - home to Walt Disney World - the subject property is comprised of a 6,119 SF building on a large 2.5 acre corner lot along a major thoroughfare. The lease contains fixed increases every 5 years (5% after the first five years, followed by 7% increases every five years thereafter for remainder of term) as well as 6 - 5 year option periods with fixed 7% increases each option, offering a stable hedge against inflation over the long-run. The property is strategically located at the NEC of John Young Pkwy and Central FL Pkwy, between the Orlando International Airport and the area’s major theme parks, such as SeaWorld Orlando and Walt Disney World. Additionally, the property is located in close proximity to the Orange County Convention Center which is the 2nd largest convention center in the nation and brings 1.4 million attendees to the area annually. The property enjoys superb street visibility, convenient ingress/egress and ample parking, along with consistent and strong traffic flows (93,223 VPD) along Central Florida Parkway - one of the main avenues of entry into the SeaWorld Orlando Park and S. John Young Parkway - the main North/South thoroughfare in the trade area. SeaWorld Orlando hosts roughly 4,402,000 guests per year, ranking it the tenth most visited amusement park in the United States and twenty-five worldwide. Moreover, the property is surrounded by a host of hotels and resorts, including The Ritz-Carlton Orlando (582 Rooms), JW Marriott (998 Rooms), and Marriott (128). This is an excellent opportunity to purchase a newly developed Wawa asset with very strong fundamentals, a long-term absolute NNN ground lease with fixed increases backed by one of America’s strongest convenience store chains, and within an infill trade area in close proximity to SeaWorld Orlando, Orange County Convention Center, and Walt Disney World.