NAI Michael is pleased to offer for sale a newly constructed, absolute NNN leased Wawa with 18+ years remaining on a brand-new lease.
- New construction completed in Q2 2023
- Building totals 5,619± square feet
- Easily accessible location at a fully signalized intersection at Pennsylvania Avenue (Route 4) and Brooks Drive
- Corporate Guarantee by Wawa, Inc.
- Base rent increase 10% every 5 years, including the renewal option periods
- Adjacent to high-density communities (7,000+ residences within 1 mile)
- Strategic location approx. one mile from Washington DC and approximately 2.5 miles from the Capital Beltway (I-495/I-95)
- Highly visible site with approximately 150’ feet of unobstructed frontage on Pennsylvania Avenue
- Last stop for a fueling station before entering Washington DC, or the first stop for a fueling station after entering Prince George’s County, MD from Washington DC