12408 Taylorsville Rd Louisville, KY 40299

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.