Wawa - West Palm Beach, FL_Pand te koop
Wawa - West Palm Beach, FL_Pand te koop
5653 N Military Trl, West Palm Beach, FL, 33407, US

Wawa - West Palm Beach, FL

Beschrijving

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the brand-new construction Wawa located at the corner of 45th Street & North Military Trail in West Palm Beach, Florida ("Property" or "Asset"). The Property is situated on a large, 1.49-acre parcel that features 16 fuel pumps. Wawa will operate on a 20-year absolute NNN ground lease with 8.0% rent escalations every 5-years starting in the 11th lease year and continuing throughout all six, five-year renewal options.

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Kenmerken

Vraagprijs
€ 7.201.000
Cap rate
4,4%
NOI
€ 317.000
Resterende huurtermijn
20 jaren
Bouwjaar
2026
Netto gebouwoppervlakte
524 vierkante meter

Media

Investeringskenmerken

  1. Corporate-backed lease to the 3rd largest private Convenience and Gas in the U.S.
  2. 20.0 Years of primary lease term
  3. Absolute NNN ground lease with zero landlord responsibilities
  4. 230K Total Population within a 5-mile radius
  5. Wawa ranks 22nd among U.S. private companies with $18.4B revenue in 2024
  6. Nearby Cacti Sports Park, Thomas H. Corey VA Medical Center, & Rapids Water Park
  7. $108K average household income within a 5-mile radius
  8. Signalized intersection with direct visibility to 105,000+ VPD
  9. Dense residential corridor with 3,376 apartment units in development within a 7-mile radius
  10. 93% increase in millionaires since 2013 & $39B in new wealth & income post-pandemic (across Palm Beach County)
Wawa - West Palm Beach, FL 4_Pand te koop

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Laatst bijgewerkt
30 mrt 2026