Lebanon, OH (Cincinnati MSA) 45036

Wawa Ground Lease

Property Address

3751 State Route 63, Lebanon, OH, USA

Offering Summary

  • Price: $4,800,000
  • Lot Size: 1.899 Acres
  • Cap Rate: 5.25%
  • Year Built: 2026
  • Building SF: 6,372
  • Status: Available
Download Brochure Submit Offer
  • 20-Year Absolute NNN Ground Lease with 7% Increases Every 5 Years Beginning in Year 11
  • Corporate Guaranty by Wawa, Inc.(“BBB” Investment-Grade Rating by Fitch)
  • Wawa Operates 1,200+ Locations with $18.84 Billion in Revenue, Top 5 Fastest-Growing Companies in the U.S.
  • Significant Capital Investment by Tenant, Average Cost to Build a Wawa is Approximately $7.5 Million
  • Brand New High-Quality Construction on Large 1.89-Acre Parcel
  • Serving Over 66,000 Residents in Rapidly Growing Trade Area, 31 Miles Northeast of Downtown Cincinnati
  • Surrounded by Residential Developments with Thousands of New Homes Under Construction, Warren County is One of the Fastest Growing Counites in Ohio
  • Average Household Income Exceeds $148,000 in 3 Miles and $124,000 in 5 Miles

Broker Information