Wawa | Ground Lease | Sarasota, FL


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.

Address:3703 N. Washington Blvd
Zip Code:34234
Year Built:2016
Square Feet:5,000
Lot Square Feet:71,003
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