5459 Kings Mills Rd - Service Station FOR SALE


Mason, OH 45040
$4,600,000 USD
954-302-7365
5459 Kings Mills Rd, Mason, OH for Sale
$4,600,000 USD
Service Station - FOR SALE
1/12
null | 5% Cap Rate

5459 Kings Mills Rd
Mason, OH 45040


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 I-71 (62,400 VPD) |Wawa - Strong Earnings Report and Continued Growth
  • Strong Demographics in 5-mile Trade Area | Affluent 1-Mile

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 1,100+ 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. 22 in Forbes 2024 Ranking of America’s largest private companies • 2025 construction with high quality materials and distinct design elements • Large 2.70-acre parcel

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$778 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa - Cincinnati (Macon) OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

GC

APN/PARCEL ID

16-18-118-013

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 Policy.