Investment Highlights
Brand New 10-Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled 7% Rental Increases
Winn-Dixie Cross-Access | Excellent Visibility & Ease of Access | Wawa Drive-Thru | Convenience Driven Prototype
Strong Demographics In 5-mile Trade Area
Absolute NNN Ground Lease | Land Ownership | Zero Landlord Responsibilities | No State Income Tax
Fronting East Bay Drive | Part of Larger Development | Primary Thoroughfare | Surrounding National/Credit Tenants
Executive Summary
Brand new 10-year lease, corporately guaranteed by Wawa, Inc., an investment grade tenant (Fitch: BBB).Absolute NNN Ground Lease allowing investors to benefit from fee simple land ownership.Wawa stands to gain significant advantages with its cross-access to the neighboring Winn-Dixie.
