16304 NW US Highway 441 - Commercial LAND FOR SALE


Alachua, FL 32615 108,029 SF
$4,333,000 USD
954-302-7365
16304 NW US Highway 441, Alachua, FL for Sale
$4,333,000 USD
Commercial LAND - FOR SALE
1/12
108,029 SF

16304 NW US Highway 441
Alachua, FL 32615


HIGHLIGHTS

  • Brand New Construction | 7% Rent Bumps Every 5 Years | Scheduled Rental Increases | Options to Extend
  • Absolute NNN Ground Lease | No State Income Tax | No Landlord Responsibilities | Land Ownership
  • Signalized, Hard Corner | Part of New Retail Center | Off I-75 | Surrounding Retail | Santa Fe High School

OVERVIEW

• The lease is signed by Wawa Florida, LLC, owned by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,080+ locations • Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 7% rental increases every 5 years and at the beginning of each option period

FOR SALE DETAILS

PRICE

$4,333,000 USD

PRICE/ACRE

$1,747,174/AC

PRICE/SF

$40 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Convenience Store

LAND ACRES

2.48 AC

LAND SF

108,029 SF

OFFSITE IMPROVEMENTS

-

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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