Wayne Memorial Drive and Hospital Road - Convenience Store FOR SALE


Goldsboro, NC 27534
$6,000,000 USD
415-481-0788
Wayne Memorial Drive and Hospital Road, Goldsboro, NC for Sale
$6,000,000 USD
Convenience Store - FOR SALE
1/8
null | 5% Cap Rate

Wayne Memorial Drive and Hospital Road
Goldsboro, NC 27534


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

Prime location along Wayne Memorial Drive, providing direct access to over 24,000 vehicles per day » Situated near Wayne Memorial Hospital, a major medical hub with 300+ beds and 2,000 employees, ensuring consistent traffic from healthcare workers, patients, and visitors. Less than five miles from Seymour Johnson Air Force Base, home to 12,000 military personnel and civilians, offering steady customer traffic from both servicemen and their families. Located within a thriving commercial area, with nearby businesses including restaurants, banks, and other essential services, driving additional consumer traffic. Positioned within a growing residential community, supporting ongoing demand for fuel, convenience items, and quick-service food options. Within a two-mile radius of major shopping centers like Berkeley Mall and Pinewood Square, both popular destinations for local shoppers. Strategically located near Wayne Community College, serving nearly 3,000 students, boosting daily foot traffic

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$992 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

-

APN/PARCEL ID

-

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.