Wawa NWC Hwy 484 & SW 20th Ave

• The tenant, Wawa, recently signed a brand new 20-year lease with 6 (5-year) options to extend
• The lease is corporate signed by Wawa, Inc., an investment grade
(Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,050+ locations
• 2024 construction that features high quality materials, distinct design elements, and high-level finishes
• The ground lease features 5% rental increases every 5 years starting in lease year 11, generating NOI and providing a hedge against inflation
• Wawa is situated at the first signalized, hard corner intersection off I-75
(104,500 VPD), in front of a 4,000,000 SF industrial complex (with 1,000,000 SF already completed)
• The subject property’s position off I-75 will allow travelers to benefit from quick and efficient on/off ramp access to the property
• There are several neighboring properties that are highly ranked according to Placer.ai:
• McDonald’s next door ranks in the top 98% of all US locations
(190 out of 12,547), the Pilot Travel Center ranks in the top 87% of all travel centers nationwide, and the Burger King across the street ranks in the top 83% of all fast food & QSR location nationwide