Fairfield, OH - 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 1,100+ 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. 22 in Forbes 2024 Ranking of America’s largest private companies
• 2025 construction with high quality materials and distinct design elements
• Large 3.39-acre parcel

• Located at the signalized, hard corner intersection of Dixie Hwy and Symmes Rd averaging a combined 42,500 VPD
• Dixie Hwy is the main retail and commuter thoroughfare serving Fairfield and the surrounding trade areas
• Ideal access off both Dixie Hwy and Symmes Rd
• Directly across from a massive 53.33-acre, 1.6M+ square foot industrial hub, which will provide all day, consistent consumer traffic at this location
• Wawa merchandise sales per store averaged $7.1M for the year ended 2024 versus an industry average of $2.7M for 2023 (Source: NACS)
• Gasoline sales totaled 3.1 billion gallons for the year 2024, an average of 69,042 gallons sold a week per store, over two times the industry average of 32,726 per store per week in 2023 (Source: NACS)