Williston, FL - Wawa

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 8% 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 2.94-acre parcel

• Located at the signalized, four-way corner intersection of West Noble Ave and U.S. 41 which combine for more than 31,300 vehicles per day
• 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)

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Listing ID: a28TP000003A2gLYAS