Scottsburg, IN - 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
• New construction with high quality materials and distinct design elements

• Located at the signalized, hard corner intersection of W McClain Rd and N Beechwood Ave which combined average 19,400 VPD
• Benefits from nearby direct on/off ramp access to I-65 exit (37,100 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade areas
• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Taco Bell, Burger King, Walmart Supercenter, McDonald’s, Advance Auto Parts, O’Reilly Auto Parts and more

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Listing ID: a28TP000002BG1tYAG