Property
| Ownership: | For Sale |
|---|---|
| Pets: | Pets Allowed |
FinancialsPrice: $8,333,000 Annual Taxes: $53,945
| Price: | $8,333,000 |
|---|---|
| Annual Taxes: | $53,945 |
DescriptionBrand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases
- Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long term commitment to the site
-The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 950+ locations
-The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation.
-Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises - NO landlord expenses.
Neighborhood
Brand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases - Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long term commitment to the site -The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 950+ locations -The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation. -Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises - NO landlord expenses.
Brand New 20 Year Ground Lease Corporate Guaranteed Investment Grade Tenant Scheduled Rental Increases Brand new 20 year ground lease with 6 5 year options to extend, demonstrating their long ...
DescriptionBrand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases
- Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long term commitment to the site
-The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 950+ locations
-The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation.
-Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises - NO landlord expenses.
Neighborhood
Brand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases - Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long term commitment to the site -The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 950+ locations -The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation. -Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises - NO landlord expenses.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.