Investment Overview

Marcus & Millichap is pleased to present for sale this Brand New Construction Corporate Guaranteed WAWA Store located at 600 West Burleigh Blvd. in Tavares, Florida. Tavares is a city and the county seat of Lake County, Florida (Population 20,968). Tavares is part of the Orlando- Kissimmee-Sanford Metropolitan Statistical Area. Tavares is located 27 miles Northwest of Orlando and 74 miles Northeast of Tampa. This Wawa is situated on a hard corner signalized intersection with more than 83,000 Vehicles Per Day Traffic Counts. Numerous National Retailers surround this Wawa including CVS, The Home Depot, Publix, Dollar General and Winn Dixie. Tavares High School (1,507 Students) and Tavares Middle School (1,070 Students) are located a few minutes from this Wawa. Also nearby is AdventHealth Waterman Hospital which is one of the largest employers in Tavares and just announced a 3 Million Dollar Expansion for inpatient rehabilitation units. This Brand New Wawa Store was constructed in 2024 and offers a 20- year ground lease with six 5 year options to extend the lease. There are no landlord responsibilities and the tenant pays all CAM, taxes, insurance and maintenance costs. Wawa is a privately held, family owned company with 200 plus years in American business. Wawa has stores in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Florida, North Carolina, Alabama and Washington, D.C. There are over 1,060 Wawa locations to date which offer hoagies, coffee, breakfast sandwiches, burgers, pizza, soups and snacks.