10304 Sharpsburg Pike - Freestanding FOR SALE


Hagerstown, MD 21740- Outer Downtown/Maugansville
$3,431,000 USD
954-302-7365
10304 Sharpsburg Pike, Hagerstown, MD for Sale
$3,431,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

10304 Sharpsburg Pike
Hagerstown, MD 21740
Outer Downtown/Maugansville


HIGHLIGHTS

  • Brand New 20-Year Lease | Scheduled 10% Rental Increases | Options to Extend | Established Brand and C-Store Operator
  • Absolute NNN | Leasehold Interest | No Landlord Responsibilities
  • Signalized,Hard Corner Intersection | Off I-70 (70,300 VPD) |Directly Adjacent To Walmart Supercenter (2.1M+ Annual Visits) |Wawa - Strong Earnings Re
  • Strong Demographics in 5-mile Trade Area | Affluent 1-Mile

OVERVIEW

• The tenant, Wawa, Inc., is a nationally recognized convenience store and fuel operator with 1,100+ locations and investment-grade credit (Fitch: BBB) • Brand new 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 10% rental increases every 5 years throughout the primary term, starting in lease year 6 and at the beginning of each option period • Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies • 2025 construction with high quality materials and distinct design elements • Large 2.15-acre parcel

FOR SALE DETAILS

PRICE

$3,431,000 USD

PRICE/SF

$580 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa - Hagerstown MD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

HI

APN/PARCEL ID

10-000343

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.