- The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations
- Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
- The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
- Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies
- New construction with high quality materials and distinct design elements
Investment Offering
Scottsburg, IN - Wawa
1215 W McClain Ave | Scottsburg, IN 47170
$4,500,000
Price5%
Cap Rate$225,000
NOI2026
Year Built5,514
± SF Offering GLA1.7
± AC Land AreaDescription
Location
- Located at the signalized, hard corner intersection of W McClain Rd and N Beechwood Ave which combined average 19,400 VPD
- Benefits from nearby direct on/off ramp access to I-65 exit (37,100 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade areas
- The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Taco Bell, Burger King, Walmart Supercenter, McDonald’s, Advance Auto Parts, O’Reilly Auto Parts and more
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