10081 Estero Town Commons Pl - Freestanding FOR SALE
Estero, FL 33928 |
$8,111,000 USD
954-302-7365
10081 Estero Town Commons Pl
Estero, FL 33928
HIGHLIGHTS
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Absolute NNN Ground Lease | No State Income Tax | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Estero Town Commons |Off Interstate 75 (126,500 VPD) | Estero, FL - New Developments
- Strong Demographics In 5-mile Trade Area | Six-Figure Incomes
OVERVIEW
• The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations
• Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
FOR SALE DETAILS
PRICE
$8,111,000 USD
PRICE/SF
$1,316 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wawa – Naples (Estero) FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
CPD
APN/PARCEL ID
35-46-25-E1-39000.0020
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954-302-7365
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954-302-7365
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