8742 Baymeadows Road - Convenience Store FOR SALE


Jacksonville, FL 32256- Baymeadows
$5,278,000 USD
813-434-8278
8742 Baymeadows Road, Jacksonville, FL for Sale
$5,278,000 USD
Convenience Store - FOR SALE
1/11
null | 4.5% Cap Rate

8742 Baymeadows Road
Jacksonville, FL 32256
Baymeadows


HIGHLIGHTS

  • 17+ Years Remaining | 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 | Directly Off Interstate 95 | Surrounding New Development | Direct Residential Consumer Base
  • Strong Demographics in 5-mile Trade Area

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 1,260 locations • 17+ years remaining on the ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 5% rental increases every 5 years starting in lease year 11 and at the beginning of each option period • Large 3.01-acre parcel • Wawa was ranked No. 21 in Forbes 2025 Ranking of America’s largest private companies • The company is currently in the midst of its “largest expansion ever,” aiming to reach 1,800 stores by 2030

FOR SALE DETAILS

PRICE

$5,278,000 USD

PRICE/SF

$863 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Wawa - Jacksonville FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

3.01 AC

LAND SF

131,116 SF

ZONING

CCG-1

APN/PARCEL ID

152690-5020

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

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