1031 Deal Hub

Wawa

Overview

Wawa is a one-stop shop for anything from getting milk and bread or made to order sandwiches on the run. Wawa currently has over 850 locations in the Mid-Atlantic region and Florida, with 600 of those locations offering gas as well. Wawa is ranked #36 among America’s largest private companies and has an annual revenue of over $8.9 billion. A 20-year lease term with varying rent escalations are normal terms for Wawa’s NNN locations.
Lowest Cap Rate

4.00%

Average Cap Rate

4.63%

Property & Lease

Average Sale Price

$5,000,000 – $9,000,000

Average NOI

$200,000 – $400,000

Building SF

4,500

Lease Term

20 Years

Escalations

Varies

Stock Symbol

CAPITALCOM:US500
Credit Rating

S&P

N/A

Moody’s

N/A

Tenants

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