Log In/Sign Up
Your email has been sent.
Wawa - Scottsburg IN 1215 McClain Ave 5,514 SF Retail Building Scottsburg, IN 47170 $6,133,230 CAD ($1,112.30 CAD/SF) 5% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Hard Corner Intersection | I-65 (37,100 VPD) | Dense Corridor |Wawa - Strong Earnings Report and Continued Growth
- Absolute NNN Ground Lease | Land Ownership No Landlord Responsibilities
- Strong Demographics in 10-mile Trade Area
Executive Summary
• The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ 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 starting in lease year 11 and at the beginning of each option period
• Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
• New construction with high quality materials and distinct design elements
• 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 starting in lease year 11 and at the beginning of each option period
• Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
• New construction with high quality materials and distinct design elements
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
5,514 SF
Building Class
C
Year Built
2025
Price
$6,133,230 CAD
Price Per SF
$1,112.30 CAD
Cap Rate
5%
NOI
$306,661 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.70 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
46 Spaces (8.34 Spaces per 1,000 SF Leased)
Frontage
165’ on MCCLAIN AVE
Amenities
- Corner Lot
- Monument Signage
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $518,462 CAD | Total Assessment | $518,462 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$518,462 CAD
Improvements Assessment
$0 CAD
Total Assessment
$518,462 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Wawa - Scottsburg IN | 1215 McClain Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.