1000 Murfreesboro Rd - Convenience Store FOR SALE
Lebanon, TN 37090 |
$6,842,000 USD
858-373-3174
1000 Murfreesboro Rd
Lebanon, TN 37090
HIGHLIGHTS
- New 20-Year NNN Ground Lease with 5% Increases Every 5 Years Beginning at Year 11
- Corporate Guaranty by Wawa, Inc. (“BBB” Investment-Grade Rating by Fitch)
- Wawa Operates 1,200+ Locations, Top 5 Fastest-Growing Companies in the U.S.
- Brand New High-Quality Construction on Large 3.96-Acre Parcel
- 18,100+ New Homes Under Construction within 5 Miles, Lebanon Named 12th Fastest Growing City in the U.S.
- Outparcel to New Master-Planned Community on 45 Acres with 700+ Upscale Residential Units and Class-A Office, Retail, and Hotel Space
FOR SALE DETAILS
PRICE
$6,842,000 USD
PRICE/SF
$1,157 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Wawa Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.96 AC
LAND SF
172,498 SF
ZONING
-
APN/PARCEL ID
095081 08708
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858-373-3174
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858-373-3174
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