ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Wawa – Bradenton, FL – Ground Lease

4455 East State Road 64
Sold

SOLD PRICE: $3,418,166.67
CAP RATE: 5.24%

  • Wawa owns and runs more than 650 convenience store/gas station locations along the U.S. East Coast
  • Ground lease with zero landlord responsibilities
  • New construction along State Road 64 with 39,000 cars ADT
  • Florida has NO STATE INCOME TAX
  • Rent increases every 5 years with options to extend lease
  • Over 128,000 people, with an average household income of $53K+, within five miles
  • There are no features available

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$3,418,167

5,636 SF

Price:

$3,418,167

Cap Rate:

5.24%

Building Size:

5,636 SF

SF Land Area:

2.07 acres

Current NOI:

$179,000

Lease Type:

Ground Lease

Remaining Term:

Twenty (20) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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