Haines City, 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 6% 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

• Wawa is strategically fronting US Hwy 27 averaging 76,000 vehicles per day
• US Hwy 27 is the primary thoroughfare serving the Haines City with national/credit tenants such as Wendy’s, AutoZone, Taco Bell, Dollar Tree, Burger King, and more
• Just 1.5-miles from new 120-acre Crossroads Village Center featuring a 400,000 SF Target-anchored power center (Opening October 2026), 760 planned residential units and a 120-key hotel
• A new subdivision and Publix-anchored shopping center is under construction which will add 2,816 single-family homes and 438 townhomes to the area
• Currently, there are 10 subdivisions under development. City leaders said affordable homes and location makes Haines City an ideal location for new residents
• The immediate trade area is supported by several big box retailers such as Walmart Supercenter, Winn-Dixie, ALDI, Dollar General Market, and more
• 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: a28TP0000034s89YAA