4597 Dixie Hwy - Convenience Store FOR SALE


Fairfield, OH 45014
$4,939,000 USD
954-302-7365
4597 Dixie Hwy, Fairfield, OH for Sale
$4,939,000 USD
Convenience Store - FOR SALE
1/16
null | 5% Cap Rate

4597 Dixie Hwy
Fairfield, OH 45014


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 Hard Corner Intersection | Across From Industrial Hub |Wawa - Strong Earnings Report and Continued Growth
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

This exceptional investment opportunity features a brand-new Wawa convenience store and fueling station under a long-term ground lease. Located on a prominent signalized corner along Dixie Highway, the property benefits from superior traffic counts and visibility, as well as direct access to a thriving industrial hub exceeding 1.6 million square feet. The site consists of 3.39 acres improved with a single-tenant 5,915 SF building completed in 2025. The absolute NNN lease is guaranteed by Wawa Inc., an investment-grade, nationally recognized operator, which ranks among America's largest private companies. The 20-year lease includes 6 five-year extension options and scheduled rental increases, providing substantial long-term income security for investors. Positioned within a rapidly growing trade area and offering new construction quality coupled with zero landlord responsibilities, this asset combines operational stability with enduring real estate fundamentals. Strong demographics, corporate-backed guarantees, and highly visible frontage make this a rare net-lease acquisition in a prime regional corridor.

FOR SALE DETAILS

PRICE

$4,939,000 USD

PRICE/SF

$835 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa - Cincinnati (Fairfield) OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,668 SF

ZONING

PD

APN/PARCEL ID

A0700-025-000-003,A0700-025-000-004,A0700-025-000-005,A0700-025-000-006,A0700-025-000-007,A0700-025-000-008,A0700-025-000-009

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.