Wawa Lake City 1518 U.S. Highway 90 5,915 SF Retail Building Lake City, FL 32055 $8,346,940 CAD ($1,411.15 CAD/SF) 4.75% Cap Rate

CBRE is pleased to exclusively present a brand new 20 year absolute NNN ground lease with Wawa, one of the most highly sought after single tenant net lease tenants. The 5,919 SF building sits on a 5.16 acre parcel at a high traffic, signalized hard corner intersection in Lake City, FL with exceptional visibility and access. The new 20 year absolute NNN lease includes fixed rental increases throughout the term and provides truly hands off ownership with no landlord
obligations.
The site is located directly on U.S. Highway 90 which generates substantial daily traffic and demand. Additionally, the asset benefits from proximity to I-75, which brings strong daily traffic counts, excellent regional connectivity, and consistent commuter exposure. This prime highway access enhances visibility, supports steady customer flow, and provides convenient ingress and egress for both local residents and through-travelers, making the location ideal for high-volume retail operations such as Wawa. The location is further enhanced by its access to the junction of Interstate 10 (I-10) and I-75, one of the region’s primary transportation corridors which provides exceptional east–west and north–south connectivity.