Wawa - Net Lease Property for Sale
Orlando, FL
Key Investment Metrics
Price
$3,660,000
Cap Rate
4.8%
Net Operating Income
$177,293
Building Size
5537 SF
Lot Size
5,537 SF
Land Area
1.94 Acres
Remaining Term
7.8 years
Lease Expiration
10/31/2033
Lease Term
20 years
Lease Commencement
10/31/2013
Lease Type
Absolute NNN
Year Built
2013
Occupancy
100%
Tenancy
Single
Rent Increases
8% Increase in Each Option
About This Wawa Net Lease Property
This Wawa NNN (triple net lease) property is located in Orlando, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 5537 square feet of building space and was built in 2013.
With a cap rate of 4.8%, this Wawa net lease property offers stable income potential. The asking price is $3,660,000, 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.
Orlando, FL Market Overview
Located in Orlando, FL, this Wawa property benefits from strong local demographics and market fundamentals. The Orlando area offers excellent visibility and accessibility, making it an ideal location for Wawa operations and a solid investment for net lease property buyers.