New Louisville Wawa For
For Sale
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12408 Taylorsville Rd, Louisville, KY 40299
New Wawa in Louisville with a 20-year corporate lease.
Property Size5,915 SF
Lot Size2.60 Acres
Price / SF$821.81
Days on Market138
Property Features for 12408 Taylorsville Rd
General Information
Standard status
Active
Size
5,915 SF
Lot size
2.60 Acres
Property subtype
Retail
Zoning
C1
Lease Type
Absolute Net
Net Operating Income
$250,327
Building Details
Year Built
2026
Listing Agency:
Faris Lee Investments
(949) 221-1810
Listed By:
Scott DeYoung · License #CA 01889050
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 10 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faris Lee Investments
Investment Insights
Based on property information with market context.
This property presents the opportunity to acquire a new Wawa, corporate-guaranteed, located in Louisville, Kentucky, within a shopping center anchored by Publix. The property is secured by a 20-year primary lease term with Wawa, Inc., an investment-grade tenant with a BBB rating from Fitch. Wawa operates over 1,100 locations across 14 states and has fiscal year 2024 annual revenues exceeding $21 billion. The company averages $7.1 million in merchandise sales per store and fuel sales of 3.1 billion gallons annually, averaging 69,042 gallons per week per store. The lease includes six, five-year renewal options, allowing for a potential total lease term of 50 years. The absolute triple-net (NNN) lease structure ensures a passive ownership experience with zero landlord responsibilities, with the tenant responsible for all property taxes, insurance, and utilities, as well as the repair and maintenance of the entire premises, including the building, roof, parking lot, and landscaping. The property features new construction utilizing Wawa’s latest prototypical store layout. Positioned on a 2.60-acre pad, the property is situated within a proposed shopping center anchored by a new Publix Supermarket. The asset benefits from visibility and frontage along Taylorsville Road (Hwy 155), which carries approximately 18,400 vehicles per day. Its proximity to the Interstate 265 interchange provides the site with regional accessibility and exposure to roughly 76,000 vehicles per day. The property size is 5,915 square feet.
Key Highlights
- Brand‑new, corporate‑guaranteed Wawa with a 20‑year primary lease term and six, five‑year renewal options.
- Absolute triple‑net (NNN) lease structure providing completely passive ownership with zero landlord responsibilities.
- Located within a proposed shopping center anchored by a brand‑new Publix Supermarket.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
136k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Groceries 33%
Shops & Services 21%
Apparel 6%
Kroger
Groceries
44,633 visits/mo
0.3 miles
McDonald's
Dining
22,166 visits/mo
0.4 miles
Kroger Fuel Center
Shops & Services
17,930 visits/mo
0.4 miles
Circle K
Shops & Services
10,798 visits/mo
0.1 miles
Starbucks
Dining
9,671 visits/mo
0.3 miles
Demographics for 40299, KY
43,030
Population
17,567
Households
2.4
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
54.0 sq mi
ZIP Area
797
Density / Sq Mi
$85,419
Median Household Income
$50,427
Median Earnings
$1,290
Median Rent
$274,900
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New Wawa in Louisville with a 20-year corporate lease.
Where is this grocery and convenience store located?
The property is located at 12408 Taylorsville Rd Louisville, KY.
What is the asking price?
The asking price for this property is $4,861,000.
What are key features of this property?
This property features: Brand‑new, corporate‑guaranteed Wawa with a 20‑year primary lease term and six, five‑year renewal options.; Absolute triple‑net (NNN) lease structure providing completely passive ownership with zero landlord responsibilities.; Located within a proposed shopping center anchored by a brand‑new Publix Supermarket.
