Wawa - Net Lease Property for Sale
Leesburg, FL
Key Investment Metrics
Price
$4,667,000
Cap Rate
4.5%
Net Operating Income
$210,000
Building Size
6119 SF
Lot Size
6,119 SF
Land Area
2.65 Acres
Remaining Term
19.9 years
Lease Expiration
11/30/2045
Lease Term
20 years
Lease Commencement
12/01/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
7% Increases Every 5 Years Beg. LY 11
About This Wawa Net Lease Property
This Wawa NNN (triple net lease) property is located in Leesburg, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 6119 square feet of building space and was built in 2025.
With a cap rate of 4.5%, this Wawa net lease property offers stable income potential. The asking price is $4,667,000, making it an attractive option for 1031 exchange investors seeking quality Wawa commercial properties.
Why Invest in Wawa NNN Properties?
- Stable Income: Wawa net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Wawa is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Leesburg, FL Market Overview
Located in Leesburg, FL, this Wawa property benefits from strong local demographics and market fundamentals. The Leesburg area offers excellent visibility and accessibility, making it an ideal location for Wawa operations and a solid investment for net lease property buyers.