St Cloud, FL - Wawa

, St. Cloud, FL 34772

The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period Wawa was ranked No. 22 in Forbes 2024 Ranking of Americas largest private companies 2025 construction with high quality materials and distinct design elements Located at the signalized, hard corner intersection of Canoe Creek Rd and Nolte Rd Part of a larger retail development that features Wawa (Lot 1), McDonalds (Lot 2), Sud Stop Car Wash (Lot 3), Chipotle (Lot 4), Dutch Bros (Lot 5), Heartland Dental (Lot 5), a multi-tenant strip (Lot 5), and future retail on Lot 7 The adjacent Walmart Neighborhood Market ranks in the 81st percentile (122 out of 672) of all nationwide locations via Placer.ai The new FL Tpke connection onto Nolte Road will provide consistent traffic to the site Adjacent to Stevens Crossing, a new development with Walmart Neighborhood Market, Heartland Dental, Kiddie Academy, a 7-tenant strip, and more Wawa merchandise sales per store averaged $7.1M for the year ended 2024 versus an industry average of $2.7M for 2023 (Source: NACS) Gasoline sales totaled 3.1 billion gallons for the year 2024, an average of 69,042 gallons sold a week per store, over two times the industry average of 32,726 per store per week in 2023 (Source: NACS)

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