Wawa 271 Monmouth Rd Local commercial 440 m² À vendre Freehold, NJ 07728 5 032 585 € (11 437,98 €/m²) Taux de capitalisation 4,90 %

SRS Real Estate Partners is pleased to present the opportunity to acquire the leased fee interest in a brand-new, absolute NNN ground leased Wawa property located in Freehold, New Jersey. The tenant, Wawa, Inc., a nationally recognized fuel and convenience store operator, recently signed a new 20-year ground lease backed by a corporate guaranty. The lease includes six (6) 5-year renewal options and features 10% rent increases every five years during both the base term and renewal periods, providing stable, long-term income growth and a hedge against inflation.The lease is backed by Wawa, a Fitch shadow-rated BBB tenant and one of the most prominent privately held companies in the U.S., ranked as the largest in Pennsylvania and the 22nd largest nationwide by Forbes (2022). The rent at this location is below market compared to similar Wawa sites in affluent trade areas, creating potential upside at renewal and enhancing long-term value. With an anticipated store opening in October 2025, the newly constructed property will operate under a true absolute NNN ground lease. The tenant is responsible for all taxes, insurance, and maintenance, offering investors a passive, management-free ownership experience.