1384 US-82 - Convenience Store FOR SALE


Leesburg, GA 31763
$4,133,000 USD
954-302-7365
1384 US-82, Leesburg, GA for Sale
$4,133,000 USD
Convenience Store - FOR SALE
1/10
null | 5% Cap Rate

1384 US-82
Leesburg, GA 31763


HIGHLIGHTS

  • Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
  • Absolute NNN Ground Lease | Land Ownership | No Landlord Responsibilities
  • Located at a signalized intersection on Albany’s main thoroughfare.
  • Strong local demographics with $108K+ average household income.
  • Surrounded by high-performing retailers and new residential growth.
  • % rental increases every 5 years and at each option period.

OVERVIEW

Positioned at the signalized intersection of US Highway 82 and Marlow Lane, this newly constructed Wawa retail site offers a rare opportunity to lease within a high-performing, nationally recognized brand footprint. The property sits on a generous 4.58-acre parcel with direct access to Albany’s primary east-west corridor, serving both the Albany and Leesburg trade areas. The site benefits from strong visibility and traffic counts of 22,800 vehicles per day, with proximity to top-performing retailers including Walmart and Publix. The 2025-built structure features high-quality materials and a distinct design, supported by a 20-year absolute NNN ground lease with Wawa Inc., a Fitch-rated BBB tenant. With over 1,100 locations nationwide and $18.6 billion in revenue in 2024, Wawa’s presence ensures long-term stability and brand recognition. The lease includes 5% rental increases every five years and six 5-year extension options, offering predictable income growth. Surrounding the site is a vibrant retail and residential landscape, including a new 800-acre master-planned community and nearby schools and country clubs. The property is located just 7 miles from downtown Albany, with regional access to Tallahassee, Montgomery, and Columbus. Demographics within a 1-mile radius show an average household income exceeding $108,000, supporting strong consumer demand. This offering is ideal for investors seeking a management-free, income-producing asset with land ownership and zero landlord responsibilities.

FOR SALE DETAILS

PRICE

$4,133,000 USD

PRICE/SF

$699 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa - Albany GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

4.58 AC

LAND SF

199,505 SF

ZONING

PD

APN/PARCEL ID

029B-019

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.