November Capital / May 11, 2023
With over 900 locations, Wawa is a growing presence in the fuel and convenience space. Net lease investors are acquiring Wawa long term NNN deals.
3/2/2023 – Wawa – Miami, FL – 20 year lease sells for $9.7M (4.25% Cap Rate)
12/29/2022 – Wawa – Brookhaven, PA – Long term lease sells for $5.2M (4.54% Cap Rate)
12/23/2022 – Wawa – Saint Petersburg, FL – 15 year+ lease sells for $4.62M (4.50% Cap Rate)
12/9/2022 – Wawa – Harleysville, PA – 19 year lease sells for $7.5M (4.25% Cap Rate)
9/30/2022 – Wawa – Seaford, DE – 19 year lease sells for $5.4M (4.55% Cap Rate)
8/3/2022 – Wawa – Brooklawn, NJ – 19 year lease sells for $8.82M (4.05% Cap Rate)
