- Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
- The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 950+ locations
- The ground lease features scheduled rental increases throughout the initial term and each option to extend
- Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
- Brand new construction
- No state income tax
Investment Offering
Ocala, FL - Wawa
8300 SW 100th St | Ocala, FL 34481
$3,700,000
Price4.45%
Cap Rate$165,000
NOI2023
Year Built6,119
± SF Offering GLA2.35
± AC Land AreaDescription
Location
- Located directly across from On Top of the World Communities, an award winning retirement community with 8,700 residential units, occupying 13,000 Acres
- Located at the hard signalized corner of SW 100th Street & State Hwy 200
- State Hwy 200 (42,000 VPD) provides direct access to Interstate 75 (74,600 VPD)
- Surrounding national credit tenants include Lowe’s Home Improvement, Walmart Market, a Publix anchored center, Big Lots, ALDI and many other national credit tenants
- Marion County is now the 142nd largest metropolitan statistical area, up six spots in one year, surpassing the four-county Tallahassee MSA in population
Documents & Links
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 Offering Memorandum |  |  |
Contact
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739