Property Details

Wawa

Lake Worth, FL
Property ID: 5578

Financial Summary

Asking Price $5,600,000
Cap Rate 4.37%
Net Operating Income (NOI) $245,000
Lease Type Ground Lease, NNN
Lease Term Remaining 20 Years
Increases 7% Every 5 Years Starting LY 11
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714

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Highlights

  • Brand new 20 year Wawa ground lease
  • High traffic intersection with 86,280 VPD
  • Dense Palm Beach County location - 300,000 people within 5 miles
  • Investment grade tenant
  • Florida has no state income tax

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

Lake Worth Rd & Jog Rd
Lake Worth, FL

Traci BidingerWawa