35755 US 27 - Freestanding FOR SALE


Haines City, FL 33844
$5,222,222 USD
954-302-7365
35755 US 27, Haines City, FL for Sale
$5,222,222 USD
Freestanding - FOR SALE
1/8
null | 4.5% Cap Rate

35755 US 27
Haines City, FL 33844


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
  • Fronting US Hwy 27 | Dense Retail Corridor | New Developments | Surrounding Big Box Retailers | Wawa - Strong Earnings Report and Continued Growth
  • Local Demographics In 5-mile Trade Area | Population Growth

OVERVIEW

35799 US Highway 27 presents the opportunity to acquire a brand-new single-tenant absolute NNN ground lease occupied by Wawa, one of the nation's largest convenience store and fuel retailers. The property is subject to a new 20-year lease with corporate guaranty, providing long-term income backed by an established operator with more than 1,260 locations and a Fitch BBB credit rating. The lease structure is designed for passive ownership, with the tenant responsible for taxes, insurance, maintenance, and operating expenses, while ownership retains the underlying land interest. The asset is positioned along US Highway 27, a primary commercial corridor serving Haines City and the broader Lakeland-Winter Haven MSA. Traffic counts along US Highway 27 average approximately 76,000 vehicles per day, providing significant visibility and accessibility. The surrounding corridor is supported by national retailers including Walmart Supercenter, ALDI, Winn-Dixie, Dollar General Market, Wendy's, Taco Bell, Burger King, and AutoZone, creating a well-established retail environment. The location benefits from ongoing residential and commercial development activity. Nearby projects include the planned Crossroads Village Center, a Target-anchored power center, future residential communities, hospitality development, and additional neighborhood retail growth. The property's position between Orlando and Lakeland enhances regional connectivity and access to a growing consumer base. The lease includes scheduled 6% rent increases every five years beginning in lease year 11 and throughout option periods, offering built-in income growth. Combined with land ownership, long-term tenancy, and a nationally recognized operator, the property offers investors a durable net lease investment in one of Central Florida's expanding retail corridors.

FOR SALE DETAILS

PRICE

$5,222,222 USD

PRICE/SF

$927 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa - Lakeland (Haines City) FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.65 AC

LAND SF

115,434 SF

ZONING

RC

APN/PARCEL ID

27-27-20-000000-043010

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.