Map of Property

Wawa | Brand New 20 Yr. NNN Ground Lease

For Sale

7707 24th Ct E, Sarasota, FL 34243

This Sarasota property for sale is located at 7707 24th Ct E. The current listed sale price for Wawa | Brand New 20 Yr. NNN Ground Lease is $5,113,636. Wawa | Brand New 20 Yr. NNN Ground Lease is situated on a lot that is 2.05 square feet in size.

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Mike Milano

Property Details

  • Property Type Other
  • Property Size 6,119 SF
  • Lot Size 2.05 SF
  • Year Built 2024
  • Date Updated Apr 27, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors an excellent opportunity to acquire a new construction Wawa in Sarasota, FL. Wawa is ranked 20th on Forbes’ “America’s Largest Private Companies”, has been family owned and operated for over 200 years and brings in over $18 billion in annual revenue. With a 20-year corporate ground lease, six 5-year option periods, no landlord responsibilities and 7.5% rent increase every 5 years (starting in year 11) this asset is ideal for a 1031 exchange or an investor seeking long term passive cash flows.

The 6,119 SF convenience store with 12 pumps on 2.05-acre parcel is strategically positioned on the hard corner signalized intersection of Tallevast Road and US-301 which have a combined traffic count exceeding 49,000 VPD. The subject property is a mile away from Sarasota Bradenton International Airport (SRQ), is part of the Greater Tampa Bay Area (MSA population exceeding 3.3 million) and is directly opposite the 330,000 SF Amazon Delivery Station.

This is a great opportunity to purchase a brand-new Wawa in Sarasota, FL with a long-term corporate ground lease, no landlord responsibilities and rent increases providing investors with passive income for years to come.

Available

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Attachments

Getting around

  • 21/100

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  • 38/100

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Location

  • City Sarasota, FL
  • Neighborhood Sarasota - Bradenton Airport
  • Zip Code 34243
  • Market Southwest Florida Coast

Points of Interest

  • 7-Eleven

    1.04 miles

  • 7-Eleven

    1.34 miles

  • Speedway

    1.71 miles

  • Shell

    1.71 miles

  • Shell

    1.87 miles

  • Marathon

    1.91 miles

  • Citgo

    1.97 miles

  • Shell

    2.00 miles

  • 7-Eleven

    2.31 miles

  • Marathon

    2.82 miles

  • Short Term Parking

    1.63 miles

  • Rental Car Parking

    1.72 miles

  • Long Term Parking

    1.72 miles

  • Overflow Parking

    4.41 miles

  • Palm Avenue Parking Garage

    4.66 miles

  • State Street Parking Garage

    4.69 miles

  • Selby Gardens Parking Lot

    5.23 miles

  • North Parking Garage

    5.78 miles

  • Waldemere Parking Garage

    5.82 miles

  • West Garage

    5.89 miles

  • Holiday Inn Sarasota-Airport

    0.83 miles

  • Residence Inn by Marriott Sarasota Bradenton

    1.78 miles

  • Hampton Inn & Suites

    1.79 miles

  • SpringHill Suites by Marriott Sarasota Bradenton

    1.82 miles

  • Hyatt Place

    1.87 miles

  • Hilton Garden Inn

    1.92 miles

  • Courtyard by Marriott Sarasota Bradenton Airport

    1.94 miles

  • Sleep Inn Sarasota North

    1.96 miles

  • Knights Inn

    2.07 miles

  • Days Inn

    2.17 miles

  • Walmart Supercenter

    1.82 miles

  • El Mariachi Loco

    1.90 miles

  • Bradenton Latin Market

    2.11 miles

  • Detwiler's Farm Market

    2.13 miles

  • Walmart Neighborhood Market

    2.70 miles

  • Sam's Club

    2.99 miles

  • Walmart Supercenter

    3.25 miles

  • Target

    3.40 miles

  • Walmart Neighborhood Market

    3.42 miles

  • Publix

    3.43 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Wawa | Brand New 20 Yr. NNN Ground Lease