Albany, GA - 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 5% 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

• Ideally located at the signalized, hard corner intersection of US Hwy 82 and Marlow Ln
• US Hwy 82 is a main throughfare serving Albany, Leesburg, and the surrounding trade areas
• US Hwy 82 leads directly into downtown Albany
• Across the intersection from a brand new Take 5 and Raceway
• The Walmart to the East ranks in the 80th percentile (761 out of 3,886) of all nationwide locations and the Publix ranks in the 92nd percentile (102 out of 1,364) of all nationwide locations via Placer.ai
• Large 4.58-acre parcel
• 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)

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