Wawa | Ground Lease | Tampa Bay

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Financial Summary

Asking Price $4,890,000
Cap Rate 4.60%
Net Operating Income (NOI) $225,000
Lease Type Ground LeaseNNN
Lease Term Remaining 20 Years
Increases 8% Every 5 Years Starting LY 11

 

  • Brand new 20 year ground lease
  • Interstate location off I-4, with traffic count of 155,000 VPD
  • Hard corner at busy lighted intersection in front of new Holiday Inn Express
  • Investment grade tenant (Fitch: BBB)
  • 8% Every 5 Years Starting Lease Year 11
Price:$4,890,000
City:Tampa
State:FL
Square Feet:5,000
Lot Square Feet:104,544
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