Property Details

Wawa

West Palm Beach, FL
Property ID: 4076

    Financial Summary

    Asking Price $6,705,000
    Cap Rate 4.25%
    Net Operating Income (NOI) $285,000
    Lease Type Ground Lease, NNN
    Lease Term Remaining 20 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Scott Campbell
    Director
    703.787.4714
    Patrick R. Nutt
    Managing Partner
    703.787.4714

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    Highlights

    • Brand new construction
    • Ground lease on high traffic roadway (42,210 VPD)
    • Increases 7% every 5 years starting in year 11
    • Investment grade tenant with long 20 year lease term
    • 300,000 people within 5 miles of property
    • 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

    1771 S Congress Ave
    West Palm Beach, FL

    Traci BidingerWawa