18 Private Dr - Freestanding FOR SALE


Crawfordville, FL 32327- Leon Wakulla
$4,539,000 USD
954-302-7365
18 Private Dr, Crawfordville, FL for Sale
$4,539,000 USD
Freestanding - FOR SALE
1/9
null | 4.5% Cap Rate

18 Private Dr
Crawfordville, FL 32327
Leon Wakulla


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
  • Signalized, Four-Way Intersection | Off U.S. Hwy 319 (21,000 VPD) |Wawa - Strong Earnings Report and Continued Growth
  • Affluent 1-Mile | Growing Population | Tallahassee MSA

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 1,260 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 • Wawa was ranked No. 21 in Forbes 2025 Ranking of America’s largest private companies • The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030 • 2026 construction with high quality materials and distinct design elements • Large 4.82-acre parcel

FOR SALE DETAILS

PRICE

$4,539,000 USD

PRICE/SF

$767 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa - Tallahassee (Crawfordville) FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

4.82 AC

LAND SF

209,959 SF

ZONING

C2

APN/PARCEL ID

18-3S-01W-000-04492-000

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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