Leesburg, 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 1,100+ 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

• Located at the signalized, hard corner intersection of W Main St and County Road 468 averaging a combined 31,100 VPD
• There is limited competition in this immediate corridor for c-store and gas operators, making this a strong investment opportunity for a future investor
• Main Street is the main retail and commuter thoroughfare serving Leesburg, providing long-term viability in the underlying real estate
• Just East of The Villages
• The Villages encompasses approximately 57 square miles and over 150,000+ residents call The Villages home
• The Villages is one of the largest and most successful master-planned communities in the United States, widely recognized as the #1 master-planned community nationally

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