Property Details

Wawa

Port St. Lucie, FL
Property ID: 9354

Financial Summary

Asking Price $4,225,000
Cap Rate 4.50%
Net Operating Income (NOI) $190,000
Lease Type Ground Lease, NNN
Lease Term Remaining 20 Years
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714

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Highlights

  • New 20-year NNN ground lease
  • 7% rent increases every 5 years starting in lease year 11
  • Hard corner at lighted intersection across from successful CVS Pharmacy
  • Wawa has investment grade rating (Fitch: BBB)

Net Lease Advisor

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

Location

260 NE Prima Vista Blvd
Port St. Lucie, FL

Traci BidingerWawa