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net lease wawa

Net Lease WaWa Property Profile and Cap Rates

Date February 28, 2020

Net Lease WaWa – Typical Property and Lease Terms

 

Price Range:$2.5M-$5M
Cap Rate:4.50%
Net Income:$220,500
Price Per foot:$785
Building Size:4,500 - 6,500
Lot Size:2 Acres
Escalations:8% - 10% Every 5-Years
Lease Term:20 Years
Lease Type:Ground Lease
Credit Rating:N/A

 

Tenant Company Information:

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington, D.C., and Florida

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