Sale Price: $3,807,000
Cap Rate: 4.65%
NOI: $177,000
Lease Term: 20 years
Lot Size: 1.63 AC
Building Size: 5,000 SF
Year Built: 2016
This Wawa store was in development at the time of contract. Brett Kaplan and Ricardo Ruiz del Vizo, secured a buyer in an off-market, pre-sale deal – selling this property before it was ever marketed. The initial lease term is a full 20-year ground lease with no landlord responsibilities.
| Price: | $3,807,000 |
| Address: | 3703 N. Washington Blvd |
| City: | Sarasota |
| County: | Sarasota |
| State: | FL |
| Zip Code: | 34234 |
| Year Built: | 2016 |
| Square Feet: | 5,000 |
| Lot Square Feet: | 71,003 |
