Westfield, IN - 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 7% rental increases every 5 years and at the beginning of each option period

- The subject property is located directly across from a Meijer anchored center that also features national/credit tenants such as Panda Express, KFC, and The Learning Experience
- The immediate trade area includes other national/credit tenant such as ALDI, Tractor Supply Co., Chick-fil-A, Portilloâ€s, McDonaldâ€s, CVS, Taco Bell, and more
- The site is in close proximity to 32 Jersey Project, a $105 MM mixed used development, that includes 235 apartment units, 43,500+ SF retail space and 15,500+ SF office space
- Furthermore, the subject property is near Riverview Health Westfield (16 beds), Westfield High School (2,800 students) and Westfield Middle School (1,333 students)