Orlando, FL - Wawa (Goldenrod)
$4,310,000
4700 South Goldenrod Road, Orlando, FL 32822
4.5
Cap Rate
194,000
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
• 6 years remaining on ground lease with 6 (5-year) options to extend
• The ground lease features 8% rental increases every 5 years
• 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
• Located at the signalized, four-way corner intersection of Hoffner Ave and Goldenrod Road (35,000 VPD)
• Subject property sits on the hard corner next to Walmart attracting 200,000 shoppers per week
• Strategically positioned adjacent to +7,900 manufactured homes and serves roughly 20,000 people who make up the neighborhood
• Less than 2 miles from the Orlando International Airport
• $50M+ annual passengers
• $4+ billion expansion underway, including the $315M United Airlines maintenance campus adding 1,000+ jobs
• 6,000-acre mixed-use expansion mirroring the success of Lake Nona and significantly increasing residential and commercial density
• Recently approved Disney 15-year expansion investing $17 billion to add 14,000 hotel rooms, 270,000 square feet of retail and new major theme park
Location
Gallery