Auto Service - Gas-Conv
Wawa | 16+ Years Remaining | Washington, D.C. MSA | Lower Rent Rate
6101 Allentown Andrews Dr, Camp Springs, MD 20746
Listing Price: $5,400,000
Investment Overview
The Tenant, Wawa, Inc., has over 16 years remaining on a 20-year NNN ground lease. The lease features 10% rental increases every 5 years during the base term and in each of the six, five-year option periods, providing an excellent hedge against inflation. Wawa operates in a 5,600 square-foot store with eight fueling pumps and boasts an investment grade shadow rating of “BBB” by Fitch.
Exclusively Listed By
Financing By
Auto Service - Gas-Conv
Wawa | 16+ Years Remaining | Washington, D.C. MSA | Lower Rent Rate
Listing Price: $5,400,000
Investment Highlights
- 16+ Years Remain on Ground Lease; 10 Percent Increases Every 5 Years
- Lower Ground Rental Rate; Average Rent Rate Well Over $300K
- Proximity to Joint Base Andrews; Just Outside Capital Beltway
Investment Overview
The Tenant, Wawa, Inc., has over 16 years remaining on a 20-year NNN ground lease. The lease features 10% rental increases every 5 years during the base term and in each of the six, five-year option periods, providing an excellent hedge against inflation. Wawa operates in a 5,600 square-foot store with eight fueling pumps and boasts an investment grade shadow rating of “BBB” by Fitch.
Exclusively Listed By
Financing By
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