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Wawa | 20 Years Remain | Washington, D.C. MSA | Wealthiest County in USA

Russel Branch Parkway & Gloucester Parkway, Ashburn, VA 20147

Listing Price: $7,647,059

Cap Rate
4.25%
Tenant Name
Wawa
Years Remaining On Lease
20.3
Guarantor
Corporate Guarantee
Rentable SF
6,004
Lease Type
NNN Ground Lease
Rent Per Square Feet
$54.13

Investment Overview

The Tenant benefits from a strong retail cluster to its east, including Dulles Town Center and Dulles Town Crossing. Dulles Town Center, the largest retail development in Sterling, is a super-regional mall containing 1.4-million square-feet anchored by Dick’s Sporting Goods, Macy’s, JC Penney, L.A. Fitness, and Sears. Dulles Town Crossing is a 700,000-square-foot power center anchored by Walmart Supercenter, Sam’s Club, Lowe’s and Best Buy. The submarket has continued to see new development as $6.5 billion of new commercial investment was announced during the 2019 Fiscal Year, with $17.6 billion total over the past four years.

Investment Highlights

  • New 20-Year Lease With 10% Increases Every Five Years
  • Prominent 2.98-Acre Parcel Off Rt. 28 (93,000 VPD)
  • Entry Pad to Kincora, A 400+ Acre Mixed-Use Project

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    License(s): VA: 0225215181

    Virginia

Auto Service - Gas-Conv

Wawa | 20 Years Remain | Washington, D.C. MSA | Wealthiest County in USA

Listing Price: $7,647,059

Cap Rate
4.25%
Tenant Name
Wawa
Years Remaining On Lease
20.3
Guarantor
Corporate Guarantee
Rentable SF
6,004
Lease Type
NNN Ground Lease
Rent Per Square Feet
$54.13

Investment Highlights

  • New 20-Year Lease With 10% Increases Every Five Years
  • Prominent 2.98-Acre Parcel Off Rt. 28 (93,000 VPD)
  • Entry Pad to Kincora, A 400+ Acre Mixed-Use Project

Investment Overview

The Tenant benefits from a strong retail cluster to its east, including Dulles Town Center and Dulles Town Crossing. Dulles Town Center, the largest retail development in Sterling, is a super-regional mall containing 1.4-million square-feet anchored by Dick’s Sporting Goods, Macy’s, JC Penney, L.A. Fitness, and Sears. Dulles Town Crossing is a 700,000-square-foot power center anchored by Walmart Supercenter, Sam’s Club, Lowe’s and Best Buy. The submarket has continued to see new development as $6.5 billion of new commercial investment was announced during the 2019 Fiscal Year, with $17.6 billion total over the past four years.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    License(s): VA: 0225215181

    Virginia

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