Sale Price: $4,767,441
Cap Rate: 4.30%
NOI: $205,000
Lease Term: 20 years
Lot Size: 1.33 AC
Building Size: 6,119 SF
Year Built: 2018
IN DEVELOPMENT: Brand new Wawa located on Clark Road in Sarasota, FL. Initial 20 year lease goes into effect upon completion
and certificate of occupancy, expected on September 14, 2018. The long term lease collects $205,000 with 8% escalators every five years after the initial 10 with six 5-year options. Wawa took possession of the pad April 23, 2018.
| Price: | $4,767,441 |
| Address: | 5301 Clark Rd |
| City: | Sarasota |
| State: | FL |
| Zip Code: | 34233 |
| Year Built: | 2018 |
