Brand New 20 Yr. Ground Lease- Best in Class Wawa 30 170 pi² Commerce de détail Immeuble Hagerstown, MD 21742 9 432 232 $ CAD (312,64 $ CAD/pi²) 5,10% Taux de capitalisation

The Snyder Carlton National Net Lease Team is pleased to offer investors an excellent opportunity to acquire a new construction Wawa in Hagerstown, MD. Wawa is ranked 22nd on Forbes’ “America’s Top Private Companies” (2024), has been family owned and operated for over 200 years, and brings in over $18.8 billion in annual revenue. With a brand new 20-year corporate ground lease, six 5-year option periods, no landlord responsibilities, and a 10% rent increase every 5 years, this asset is ideal for a 1031 exchange or an investor seeking long-term passive cash flows.
The new construction 5,915 SF convenience store with 8 MFDs on a large 2.45-acre parcel is strategically positioned on the hard corner signalized intersection of Pennsylvania Avenue and Maugans Avenue, which has a combined traffic count exceeding 42,900 VPD, and benefits from excellent ingress/egress and visibility. The subject property prospers from proximity to both affluent residential neighborhoods and flourishing industrial zones. Wawa is half a mile from the 1.2M SF Amazon Global Specialty Fulfilment Center (500+ employees) and the 1.5 million SF Volvo Powertrain Manufacturing Facility (1,700 employees). Additionally, Hagerstown Regional Airport is only 1.3 miles away and offers direct service to Orlando, Saint Petersburg, and Myrtle Beach. Nearby retailers include McDonald’s, Starbucks, Taco Bell, Wendy’s, Waffle House, Walgreens, CVS Pharmacy, and more.
This is a great opportunity to purchase a brand-new Wawa in Hagerstown, MD, with a long-term corporate ground lease, no landlord responsibilities, and strong rent increases providing investors with passive income for years to come.