743 S Walnut St - Service Station FOR SALE
Starke, FL 32091 |
$4,804,000 USD
858-373-3174
743 S Walnut St
Starke, FL 32091
HIGHLIGHTS
- 20-Year Absolute NNN Ground Lease with Zero Landlord Responsibilities
- Corporate Guaranty by Wawa, Inc.(“BBB” Investment-Grade Rating by Fitch)
- Wawa Operates 1,105+ Locations with $18.84 Billion in Revenue, Top 5 Fastest-Growing Companies in the U.S.
- Open 24-Hours/Day, Wawa Serves 1+ Billion Customers/Year
- Ranked #22 on Forbes’ List of America’s Largest Private Companies in 2024
- 7% Rental Increases Every 5 Years Beginning in Year 11
FOR SALE DETAILS
PRICE
$4,804,000 USD
PRICE/SF
$785 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Wawa Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.52 AC
LAND SF
109,970 SF
ZONING
-
APN/PARCEL ID
02914-0-00400
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858-373-3174
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858-373-3174
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