Log In/Sign Up
Your email has been sent.
Wawa - Hagerstown MD 10304 Sharpsburg Pike 5,915 SF Retail Building Hagerstown, MD 21740 $4,789,402 CAD ($809.70 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Lease | Scheduled 10% Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized,Hard Corner Intersection | Off I-70 (70,300 VPD) |Directly Adjacent To Walmart Supercenter (2.1M+ Annual Visits) |Wawa - Strong Earnings Re
- Absolute NNN | Leasehold Interest | No Landlord Responsibilities
- Strong Demographics in 5-mile Trade Area | Affluent 1-Mile
EXECUTIVE SUMMARY
• The tenant, Wawa, Inc., is a nationally recognized convenience store and fuel operator with 1,100+ locations and investment-grade credit (Fitch: BBB)
• Brand new 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 10% rental increases every 5 years throughout the primary term, starting in lease year 6 and at the beginning of each option period
• Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
• 2025 construction with high quality materials and distinct design elements
• Large 2.15-acre parcel
• Brand new 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 10% rental increases every 5 years throughout the primary term, starting in lease year 6 and at the beginning of each option period
• Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
• 2025 construction with high quality materials and distinct design elements
• Large 2.15-acre parcel
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
5,915 SF
Building Class
C
Year Built
2025
Price
$4,789,402 CAD
Price Per SF
$809.70 CAD
Cap Rate
6%
NOI
$287,333 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.15 AC
Zoning
HI - Highway Interchange
Parking
60 Spaces (10.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-000343 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $642,245 CAD |
PROPERTY TAXES
Parcel Number
10-000343
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$642,245 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Wawa - Hagerstown MD | 10304 Sharpsburg Pike
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.