501 Bellback Rd
Bedford, IN 47421
Wawa | 20 Year NNN Lease | Low Rent · Retail Property For Sale

The Issenberg & Britti Group of Surmount is pleased to present for sale this brand-new WAWA Convenience Store and Gas Station located at the SEC of Highway 37 & Gillen Post Road in Bedford, Indiana (Population 14,000 Residents) and the principal city of the Bedford, Indiana Micropolitan Statistical Area (Population 45,568 Residents). This new Bedford site is situated at one of the city’s busiest transit points. Highway 37 is a major, multi-lane divided highway connecting Bedford north to Bloomington and south to Mitchell and Orleans. While WAWA is a household name in Pennsylvania and the Mid-Atlantic, its rapid push into the Midwest is part of a massive multi-year investment in the Hoosier State and WAWA Inc. plans to further expand in Indiana with future sites in Daleville, Brownsburg, Noblesville and Clarksville and WAWA has no plans of slowing down.
Wawa signed a 20 Year NNN Ground Lease with 10% increases in rent every 5 years commencing in September 2026. This Wawa is located in an area that serves as the gateway to southern Indiana attractions including Spring Mill State Park and Lake Monroe. Spring Mill State Park sees an average of 750,000 visitors annually and Lake Monroe sees on average 1.5 million annual visitors. It is also located a short 5 minute drive to the General Motors Beford Powertrain Plant, a 1 Million SF Facility sitting on 155 acres. In 2022, General Motors announced a $45M investment in this facility. Since 2011, General Motors has invested more than $456 million in Bedford Casting Operations.
WAWA, Inc. is a privately held American chain of convenience stores and gas stations with an Annual Revenue of $18.9 Billion. WAWA has invested more than $7.5 Million per new store. Over the next five to eight years, the company intends to open 8 to 13 stores per year across Indiana with a long term goal to establish a network of more than 70 stores in the state of Indiana alone.