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Wawa - Orlando (St Cloud) FL 2040 Nolte Rd 5,636 SF Retail Building Saint Cloud, FL 34772 $7,289,494 CAD ($1,293.38 CAD/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Lease | Scheduled Rental Increases |Options to Extend | Established Brand and C-Store Operator
- Signalized, Hard Corner Intersection | Part of Larger Retail Development Surrounding Retail | Wawa - Strong Earnings Report
- Absolute NNN Ground Lease | Land Ownership No Landlord Responsibilities
- Demographics in 5-mile Trade Area | Annual Population Growth
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
• 2025 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
• 2025 construction with high quality materials and distinct design elements
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
5,636 SF
Building Class
C
Year Built
2025
Price
$7,289,494 CAD
Price Per SF
$1,293.38 CAD
Cap Rate
4.50%
NOI
$328,041 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.88 AC
Zoning
HB
Parking
58 Spaces (10.29 Spaces per 1,000 SF Leased)
Frontage
674’ on Sanctuary Drive
AMENITIES
- Corner Lot
- Signalized Intersection
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $2,787,025 CAD | Total Assessment | $2,787,025 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,787,025 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,787,025 CAD
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Wawa - Orlando (St Cloud) FL | 2040 Nolte Rd
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