Wawa NNN Ground Lease

9 S Gateway Drive, Fredericksburg, VA

$5,399,000

Price

3,824 sqft

Building Size

1.64 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
3,824 sqft
Lot Area
1.64 acres
Occupancy
100%
Description

Wawa Ground Lease | 10% Bumps Every 5 Years | NNN

Absolutely NNN ground lease to Wawa, a Fitch rated BBB investment. Entrances to the property on both Warrenton Rd (17) and the Target anchored Shopping center S Gateway Rd.

Highlights
  • Next rental increase in 2022
  • Investment grade credit – Fitch rating: BBB
  • Rental increases every (5) years
  • Absolute NNN - No landlord management obligations
  • Located in the Washington D.C. MSA
  • Signalized Intersection
  • Large efficient parcel
  • Excellent access and exposure on I-95 and 17.
Location
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