Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Wawa - Albany GA 1384 US-82 5,915 SF 4-Star Retail Building Leesburg, GA 31763 $5,766,362 CAD ($974.87 CAD/SF) 5% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
  • Located at a signalized intersection on Albany’s main thoroughfare.
  • Surrounded by high-performing retailers and new residential growth.
  • Absolute NNN Ground Lease | Land Ownership | No Landlord Responsibilities
  • Strong local demographics with $108K+ average household income.
  • % rental increases every 5 years and at each option period.

EXECUTIVE SUMMARY

Positioned at the signalized intersection of US Highway 82 and Marlow Lane, this newly constructed Wawa retail site offers a rare opportunity to lease within a high-performing, nationally recognized brand footprint. The property sits on a generous 4.58-acre parcel with direct access to Albany’s primary east-west corridor, serving both the Albany and Leesburg trade areas. The site benefits from strong visibility and traffic counts of 22,800 vehicles per day, with proximity to top-performing retailers including Walmart and Publix.
The 2025-built structure features high-quality materials and a distinct design, supported by a 20-year absolute NNN ground lease with Wawa Inc., a Fitch-rated BBB tenant. With over 1,100 locations nationwide and $18.6 billion in revenue in 2024, Wawa’s presence ensures long-term stability and brand recognition. The lease includes 5% rental increases every five years and six 5-year extension options, offering predictable income growth.
Surrounding the site is a vibrant retail and residential landscape, including a new 800-acre master-planned community and nearby schools and country clubs. The property is located just 7 miles from downtown Albany, with regional access to Tallahassee, Montgomery, and Columbus. Demographics within a 1-mile radius show an average household income exceeding $108,000, supporting strong consumer demand.
This offering is ideal for investors seeking a management-free, income-producing asset with land ownership and zero landlord responsibilities.

ATTACHMENTS

Albany GA - Wawa

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,915 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$5,766,362 CAD
Price Per SF
$974.87 CAD
Cap Rate
5%
NOI
$288,286 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.58 AC
Zoning
PD - Planned Development
Parking
53 Spaces (8.96 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

NEARBY MAJOR RETAILERS

7 Brew Coffee
Synovus Bank
Publix
Starbucks
Zaxby's
LongHorn Steakhouse
Truist
Newk's Eatery
Steak ‘n Shake
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029B-019
Land Assessment
$17,145 CAD
Improvements Assessment
$0 CAD
Total Assessment
$17,145 CAD
  • Listing ID: 38441461

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 1384 US-82, Leesburg, GA 31763

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}