Wawa
$4,565,000
Stuart, FL Lease Type
Ground
Cap Rate
4.60%
Property Type
Retail
Building Size
6,119 SF
NOI
$210,000
Land Area
2.06 AC
Remaining Term
20 Years
Status
Sold
Property Highlights
Attractive Investment
This Wawa lease features a corporate guarantee, multiple options to renew, scheduled rental increases and no landlord responsibilities. The site is adjacent to a newly-constructed TD Bank branch.
Strategic Location
Wawa sits at a prominent location along Southeast Federal Highway (40,000 cars passing daily) and is across from the Stuart Shopping Center.
Connected Site
Stuart sits along Florida’s Treasure Coast and is included in the Port St. Lucie MSA. U.S. Highway 1 connects Stuart to metropolitan centers in Fort Pierce and West Palm Beach.
