Crawfordville, FL - Wawa
$4,539,000
18 Private Drive, Crawfordville, FL 32327
4.5
Cap Rate
204,255
NOI
Details:
Description:
• The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,260 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. 21 in Forbes 2025 Ranking of America’s largest private companies
• The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030
• 2026 construction with high quality materials and distinct design elements
• Large 4.82-acre parcel
• Located at the signalized, four-way corner intersection of U.S. Highway 319 and Whiddon Lake Road
• Nearby national tenants include Walmart, Publix, Starbucks, McDonald’s, Dollar General, Tractor Supply Co, ALDI, and more
• Publix ranked in the top 77% nationwide while generating over 1.1 million visitors over the past 12 months accoring to Placer.Ai
• Wawa merchandise sales per store are estimated to exceed $7.5M for the 2025 fiscal year, significantly outpacing the industry average of $2.3M per store for 2025 (Source: NACS/Industry Estimates)
• Gasoline sales remained robust as Wawa expanded into new markets, with total volume projected to reach 3.3 billion gallons in 2025; the average Wawa continues to sell over 70,000 gallons per week—more than double the 2025 industry average of 33,522 gallons per store per week (Source: NACS)
Location
Gallery