3501 Tylersville Road, Hamilton, OH, 45011, US

Wawa - Fairfield OH

Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the brand-new construction Wawa located at 3501 Tylersville Road in Fairfield, Ohio ("Property" or "Asset"). Wawa will operate on a 20-year absolute NNN ground lease with 7.0% rent escalations every 5-years starting in the 10th lease year and continuing throughout all six, five-year renewal options. The Asset is the 2nd Wawa to open in the state of Ohio and is part of Wawa’s expansion plan to open 160 stores across the Midwest in 2025.

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Caractéristiques de l'actif

Prix attendu

4 083 000 €

Taux de capitalisation

5,1 %

Revenu net

209 000 €

WALT

20 années

Surface de l'actif Net

511 m²

Année de construction

2025

Taille du terrain Brut

0,89 hectare

Média

Points clés d'investissement

Brand new 20.0-year absolute NNN ground lease with zero landlord responsibilities
2^nd Wawa location in the state of Ohio
Wawa is the 3^rd largest privately owned convenience and gas chain in the U.S.
Signalized intersection with direct visibility to 36,000 vehicles per day
Adjacent to top performing shopping centers with 10.8 million visits annually
Dense residential corridor with more than 1,000+ units adjacent to property
Nearby Butler County Regional Airport and TriHealth Bethesda Butler Hospital