Pooler, GA - Wawa

Description:

• The lease is corporate 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 8% rental increases every 5 years and at the beginning of each option period

• Wawa is part of a larger development that features several retail pads and an existing 330-unit luxury apartment complex. Currently 448-units in construction and Arden begins construction in late 2025
• Adjacent to a new shopping center that will be anchored by Walmart and feature tenants such as Mavis, Members First Credit Union, and more
• Just North off I-16 (63,900 VPD), allowing users to benefit from on/off ramp access to the site and surrounding trade areas
• Other notable new developments include a new $28M, 67,000 SF Memorial Health Pooler campus set to open in Fall 2025
• The Lowe’s, located just South of the site, ranks in the 77th percentile (387 out of 1,738) of all nationwide locations according to Placer.ai
• A new 100-acre mixed-use development is proposed for the Southwest corner of the intersection, which will soar community traffic and tenant synergy