QuickChek Carlstadt
720 Washington Street, Carlstadt, NJ, 07072, US
₱618,414,000 | 511 sm
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the single-tenant Wawa at 3015 Lebanon Road in Lebanon, Ohio ("Property" or "Asset"). The Property operates on an absolute NNN ground lease with 20.0 years of primary lease term, 7.0% rent escalations every 5 years, and six five-year options. Wawa is #21 on Forbes' 2025 list of Largest Privately Held Companies, and the largest private company in PA.
Broker of Record: Jon Vanderplough – OH License #: SAL.2005015674
...
Attributes
Asking price
₱366,551,000
Cap rate
5.3%
NOI
₱19,427,000
WAULT
19.5 years
Land area gross
1.28 ha
Building area net
488 sm
Year built
2026
Media
Investment highlights
- Brand new 20.0-year absolute NNN ground lease with zero landlord responsibilities
- Just off Interstate 71 interchange with accessibility to 81,000+ VPD
- Adjacent to JBM Packaging’s new 52,500 SF, $7M facility
- Nearby Linder Tennis Center, home to the 2026 Cincinnati Open with 300,000+ fans
- Strong demographics with 34% population growth since 2010 and AHHI’s of $189,000 within a 3-mile radius
- Large 3.17 acre parcel at a hard corner, signalized intersection
- Less than 5 miles to Kings Island, the #1 most visited attraction in Ohio
Contact brokers
Wawa - Lebanon, OH (0 Properties)
