Property Details

Wawa

Tampa, FL
Property ID: 4494

Financial Summary

Asking Price $4,790,000
Cap Rate 4.70%
Net Operating Income (NOI) $225,000
Lease Type Ground Lease, NNN
Lease Term Remaining 20 Years
Increases 8% 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 ground lease
  • Interstate location off I-4, with traffic count of 155,000 VPD
  • Hard corner at busy lighted intersection in front of new Holiday Inn Express
  • Investment grade tenant (Fitch: BBB)

Net Lease Advisor

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

Location

2502 N 50th Street
Tampa, FL

Leigh ClineWawa