1461 Armory Dr - Convenience Store FOR SALE
Franklin, VA 23851 |
1461 Armory Dr
Franklin, VA 23851
HIGHLIGHTS
- New 20-year absolute NNN ground lease with six (6) extension periods of five (5) years each
- Long-term lease to strong and expanding operator with 900+ units
- Wawa increased revenue 36% in 2022 to claim a spot among the 25 largest private companies in the U.S.
- Located on a signalized intersection with full access
- 35,101 residents within a 15-mile radius of the property, providing a large customer base for the location
- Directly across from the only Walmart Supercenter location within 25 miles of the site
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Wawa Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
6049
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
134-236-23
