101st Airborne Division Pkwy - Fast Food FOR SALE
Clarksville, TN 37042 |
$4,522,252 USD
512-528-3122
101st Airborne Division Pkwy
Clarksville, TN 37042
HIGHLIGHTS
- The lease provides a 20-year initial term with 6, 5-year renewal options, up to 50 years of total term. Built-in rent bumps of approximately 5%.
- Wawa, Inc. is one of the most recognized convenience & fuel brands in the U.S., operating 1,000+ locations with annual revenues exceeding $19 billion.
- Situated directly on 101st Airborne Division Parkway, the primary access corridor to Fort Campbell, the site benefits from 39,484 vehicles per day.
- Clarksville ranks among the 25 fastest-growing cities in the United States, adding 14,000 residents in just 3 years.
- Tennessee imposes no state income tax, no rent control, and maintains strong landlord protections, consistently attracting residents and businesses.
- Zero landlord responsibility structured as an Absolute Triple Net (NNN) Ground Lease, the tenant is responsible for all taxes, insurance, utilities.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 5,915 SF Wawa located on 101st Airborne Division Parkway in Clarksville, TN. This deal includes a premier new-construction Absolute Triple Net (NNN) Ground Lease investment secured by one of the nation’s most coveted convenience store operators and positioned along the primary commercial corridor serving one of Tennessee’s fastest-growing markets.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
FOR SALE DETAILS
PRICE
$4,522,252 USD
PRICE/SF
$765 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wawa - Clarksville, TN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.84 AC
LAND SF
123,710 SF
ZONING
-
APN/PARCEL ID
030-058.03-00003030
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512-528-3122
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512-528-3122
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