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1598 US 27 N
Avon Park, FL 33825
Wawa - Avon Park FL · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized, Four-Way Intersection | Off US 27 & 98 (39,500 VPD) |Wawa - Strong Earnings Report and Continued Growth
- Absolute NNN Ground Lease | Land Ownership |No Landlord Responsibilities
- Regional Traffic Corridor | Limited Convenience Supply
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 1,260 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 10% rental increases in lease year 11 and 7% every 5 years thereafter including option periods
• Wawa was ranked No. 21 in Forbes 2025 Ranking of America’s largest private companies
• The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030
• 2026 construction with high quality materials and distinct design elements
• Large 2.61-acre parcel
• 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 10% rental increases in lease year 11 and 7% every 5 years thereafter including option periods
• Wawa was ranked No. 21 in Forbes 2025 Ranking of America’s largest private companies
• The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030
• 2026 construction with high quality materials and distinct design elements
• Large 2.61-acre parcel
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
6,372 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$7,381,246 CAD
Price Per SF
$1,158.39 CAD
Cap Rate
4.50%
NOI
$332,177 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.61 AC
Zoning
C-2
Parking
58 Spaces (9.1 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | A-15-33-28-060-00A0-0000 | Improvements Assessment | $533,248 CAD |
| Land Assessment | $635,472 CAD | Total Assessment | $1,168,720 CAD |
Property Taxes
Parcel Number
A-15-33-28-060-00A0-0000
Land Assessment
$635,472 CAD
Improvements Assessment
$533,248 CAD
Total Assessment
$1,168,720 CAD
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