Lowest Cap Rate
4.00%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.05%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.10%
Average Cap Rate over previous quarter
Overview
Wawa is a one-stop shop for anything from getting milk and bread or made to order sandwiches on the run. Wawa currently has over 850 locations in the Mid-Atlantic region and Florida, with 600 of those locations offering gas as well. Wawa is ranked #36 among America’s largest private companies and has an annual revenue of over $8.9 billion. A 20-year lease term with varying rent escalations are normal terms for Wawa's NNN locations.
Property & Lease
Sales Price Range$5,000,000 - $9,000,000
NOI Range$200,000 - $400,000
Building SF4,500
Lease Term20 Years
EscalationsVaries
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
5.05
4.77
N/A
N/A
N/A
N/A
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Fredericksburg, VA4.90%
Bethlehem, PA5.12%
Fairhope, AL5.63%
Top Consumer Traffic
Wyncote, PA1,900,000
Toms River, NJ1,700,000
Douglassville, PA1,700,000
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
