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Wawa | HIGHEST CAP RATE ON THE MARKET
7501 Pulaski Hwy, Baltimore, MD 21237
Listing Price: $9,999,000
Investment Overview
The Tenant, Wawa Inc., is subject to a new 20-year NNN ground lease to open July 2023. The lease features 10 percent (10%) rental increases every five years beginning in year 11, which provides an excellent hedge against inflation. Wawa will operate in a 5,585-square-foot store with 10 fueling pumps. The Tenant boasts an investment grade shadow rating of “BBB” by Fitch.
Listing Price: $9,999,000
Investment Highlights
- New Twenty-Year Term with Store Opening July 2023
- High Traffic (43,202 VPD) Corner Parcel Off Interstate-95 Interchange
- Surrounded by 4.1M SF off Industrial Drivers and Dense Baltimore Metro Population; 5,652 Within One-Mile
Investment Overview
The Tenant, Wawa Inc., is subject to a new 20-year NNN ground lease to open July 2023. The lease features 10 percent (10%) rental increases every five years beginning in year 11, which provides an excellent hedge against inflation. Wawa will operate in a 5,585-square-foot store with 10 fueling pumps. The Tenant boasts an investment grade shadow rating of “BBB” by Fitch.
