This brand-new 2024 Wawa in Wilson, North Carolina, offers investors a rare opportunity to acquire a long-term, absolute NNN ground lease backed by one of the strongest convenience store operators in the nation. Positioned at the signalized hard corner of Ward Boulevard and Nash Street North, the property benefits from exceptional visibility, easy ingress/egress, and a combined traffic count of approximately 29,000 AADT, ensuring consistent customer flow and long-term site viability.
Wawa’s aggressive expansion across the Southeast—now entering Georgia, Alabama, and the Carolinas with plans for Tennessee and Kentucky—underscores the strength and stability of the tenant. The surrounding five-mile radius is home to over 54,500 residents with an average household income of $61,400, supporting both strong daytime and residential demand. With the nearest Wawa locations nearly 6 miles away, this asset enjoys a strategically protected trade area with limited direct competition.
Wilson continues to experience steady economic and demographic growth, with projected income increases across 2-, 5-, and 10-mile radii over the next five years. Combined with the zero-landlord-responsibility structure of the absolute NNN lease, this Wawa represents a turnkey, passive investment in a growing North Carolina market—perfect for 1031 buyers and long-term income-focused investors.