Wawa - NNN Net Lease Property for Sale

About This Wawa Net Lease Property

This Wawa NNN (triple net lease) property is located in Palatka, FL and represents an excellent investment opportunity for commercial real estate investors. The property features380 square feet of building space and was built in 2014.

With a cap rate of 5.3%, this Wawa net lease property offers stable income potential. The asking price is $1,295,200, 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.

Palatka, FL Market Overview

Located in Palatka, FL, this Wawa property benefits from strong local demographics and market fundamentals. The Palatka area offers excellent visibility and accessibility, making it an ideal location for Wawa operations and a solid investment for net lease property buyers.