5900 Pfeiffer Rd - Convenience Store FOR SALE


Blue Ash, OH 45242
$7,074,000 USD
415-690-5522
5900 Pfeiffer Rd, Blue Ash, OH for Sale
$7,074,000 USD
Convenience Store - FOR SALE
1/10
null | 4.75% Cap Rate

5900 Pfeiffer Rd
Blue Ash, OH 45242


HIGHLIGHTS

  • New 20-year absolute NNN ground lease to Wawa, a leading chain of convenience stores and fuel stations that is aggressively expanding its presence.
  • 10% rental increases every five years in initial term and six (6) option periods of five years each, providing a long-term income generator.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Corporate-backed lease by Wawa, Inc., ranked #20 on the Forbes Largest Private Companies List, providing investor confidence in a proven brand.
  • Wawa plans to add 600+ stores by 2030, totaling 1,800+ locations.

OVERVIEW

This Wawa benefits from a highly visible location along Pfeiffer Road, which carries 29,396 vehicles per day and provides convenient access to an area influenced by more than 116,000 daily vehicles. The property is supported by a strong demographic profile, with 147,860 residents within a five-mile radius and an average household income of $209,668 within one mile. Positioned less than 3.5 miles from TriHealth Bethesda North Hospital, TriHealth Women’s Center-Kenwood, and The Jewish Hospital-Mercy Health, the site draws from a substantial healthcare employment base. The surrounding area is also home to major employers including Kroger Distribution Center, Kroger Blue Ash Technology Center, Ford’s Sharonville Transmission Plant, GE Aerospace, and Sysco Cincinnati, creating consistent daytime traffic and consumer demand. Additional support comes from nearby UC Blue Ash College, located approximately two miles away and serving more than 5,000 students. The property is offered with an absolute NNN ground lease, placing responsibility for maintenance and operating expenses, including the roof, structure, and parking lot, on the tenant. Further enhancing its long-term appeal, the Blue Ash market is projected to experience population and income growth across the surrounding trade area over the next five years.

FOR SALE DETAILS

PRICE

$7,074,000 USD

PRICE/SF

$1,110 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.8 AC

LAND SF

165,465 SF

ZONING

-

APN/PARCEL ID

612-0140-0266

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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