Wawa at Palm Pike Crossing 3420 Southwest Martin Highway
Palm City, FL 34990
For Sale
6,116 sqft
Sale Price
$5,114,000
Brochure
Video
Map
Retail For Sale
New Construction and new 20-year lease
Corporate guaranty with Wawa, Inc. - Investment grade credit (Fitch Rating, BBB)
Absolute NNN ground lease - No landlord management obligations
Fixed rental increases throughout the entire lease including options
Ideally located at Florida's Turnpike interchange with easy access to I-95 as well
Highly desirable affluent market with surrounding household incomes exceeding $110k
Located directly on the only corridor in Martin county that connects I-95, the Florida Turnpike, US-1 and the beaches of the Treasure Coast
Wawa is one of the country's largest privately owned companies in terms of revenue (moving from #23 in 2022 ($14.9B) to #20 ($18.2B) and among the largest most successful convenience stores in the country
No debt to assume - Able to pay all cash
Florida has NO STATE INCOME TAX
Get in touch
Mark Drazek
Ray Romano
Total Space Available
6,116 sqft
Sale Price
$5,114,000
Get in touch
Mark Drazek
Ray Romano