150 Jackson Ct - Convenience Store FOR SALE


Lumberton, NC 28358
$5,950,000 USD
415-481-0788
150 Jackson Ct, Lumberton, NC for Sale
$5,950,000 USD
Convenience Store - FOR SALE
1/6
null | 5% Cap Rate

150 Jackson Ct
Lumberton, NC 28358


HIGHLIGHTS

  • New 20-year absolute NNN ground lease with six (6) extension periods of five (5) years each
  • 10% rental increases every five years in option periods
  • No landlord obligations – ideal no-management investment for an out-of-area investor
  • Wawa plans to nearly double its store count by 2030 to approximately 1,800 locations
  • Corporate guaranty from Wawa, Inc., ranked #20 on the Forbes Largest Private Companies List

OVERVIEW

Strategically situated near Interstate 95, ensuring high visibility and accessibility. Wawa’s reputation for quality service and fresh food attracts a loyal customer base. Features state-of-the-art fueling stations and a clean, well-maintained convenience store. Significant daily traffic counts provide excellent exposure and consistent footfall. Lumberton’s steady growth creates increasing demand for fuel and convenience services. Surrounded by a mix of residential neighborhoods and commercial establishments for a diverse customer base. Easy access to major highways (Interstate 95 and U.S. Route 74) facilitates travel for local residents and passing motorists. Attracts commuters, tourists, and local residents, providing multiple revenue streams. Combines fuel services with a convenience store to maximize customer visits and sales potential.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$984 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

-

APN/PARCEL ID

1006-01-01205F

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.