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Investment Highlights

  • Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
  • Signalized Hard Corner Intersection | Across From Industrial Hub |Wawa - Strong Earnings Report and Continued Growth
  • Absolute NNN Ground Lease | Land Ownership No Landlord Responsibilities
  • Strong Demographics in 5-mile Trade Area

Executive Summary

This exceptional investment opportunity features a brand-new Wawa convenience store and fueling station under a long-term ground lease. Located on a prominent signalized corner along Dixie Highway, the property benefits from superior traffic counts and visibility, as well as direct access to a thriving industrial hub exceeding 1.6 million square feet.
The site consists of 3.39 acres improved with a single-tenant 5,915 SF building completed in 2025. The absolute NNN lease is guaranteed by Wawa Inc., an investment-grade, nationally recognized operator, which ranks among America's largest private companies. The 20-year lease includes 6 five-year extension options and scheduled rental increases, providing substantial long-term income security for investors.
Positioned within a rapidly growing trade area and offering new construction quality coupled with zero landlord responsibilities, this asset combines operational stability with enduring real estate fundamentals. Strong demographics, corporate-backed guarantees, and highly visible frontage make this a rare net-lease acquisition in a prime regional corridor.

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
Year Built
2025
Price
$6,926,454 CAD
Price Per SF
$1,171.00 CAD
Cap Rate
5%
NOI
$346,316 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.39 AC
Zoning
PD - Planned Development
Frontage
325’ on Dixie Highway
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

First Financial bank
Scooter's Coffee
CrossFit
KeyBank
Waffle House
Chase Bank
Bank of America
Bank of America Mortgage
U.S. Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • A0700-025-000-003
  • A0700-025-000-009
Land Assessment
$254,374 CAD
Improvements Assessment
$0 CAD
Total Assessment
$254,374 CAD
  • Listing ID: 37173066

  • Date on Market: 2025-08-07

  • Last Updated:

  • Address: 4597 Dixie Hwy, Fairfield, OH 45014

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