New Wawa with 20-Year
For Sale
Contact for pricing
Pending
1290 Parkway Pl, Clarksville, TN 37042
New construction Wawa with 20-year NNN lease in Clarksville.
Property Size5,915 SF
Lot Size2.84 Acres
Days on Market162
Property Features for 1290 Parkway Pl
General Information
Standard status
Pending
Size
5,915 SF
Lot size
2.84 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Stabilized
Net Operating Income
$214,807
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Matthews
(615) 667-0097
Listed By:
Clay Smith · License #TN 361676
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 10 at 9:59AM
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 Matthews
Investment Insights
Based on property information with market context.
This property at 1290 PARKWAY PL, CLARKSVILLE, TN 37042, presents an investment opportunity with a new construction Wawa build. The property features a 20-year NNN lease backed by a corporate guarantee, designed for hassle-free ownership and long-term, passive income. Situated on a 2.84-acre lot, the site offers potential for future enhancements such as EV charging stations or expansion. The property benefits from Wawa's strong national presence, known for its customer base and growth in the convenience and foodservice industry. This location marks Wawa's entry into Tennessee as part of its southern expansion. Located on a corner with high traffic visibility at a signalized intersection, the property serves over 116,000 residents within a 5-mile radius. The 5,915 square foot property is positioned to attract a steady flow of customers, making it suitable for investors seeking a stable asset with growth potential. This turn-key investment offers a modern, low-maintenance experience with promising returns.
Key Highlights
- 20‑year NNN lease with corporate guarantee ensures long‑term, passive income.
- First Wawa location in Tennessee, capitalizing on Wawa's expansion into the South.
- High‑traffic corner location with excellent visibility at a signalized intersection.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Caseys
Shops & Services
18,325 visits/mo
0.3 miles
US Storage Centers
Shops & Services
893 visits/mo
0.2 miles
Demographics for 37042, TN
83,498
Population
35,433
Households
2.4
Avg Household Size
29
Median Age
26%
College-Educated
94%
High-School Grad
56.9 sq mi
ZIP Area
1,467
Density / Sq Mi
$66,435
Median Household Income
$38,716
Median Earnings
$1,196
Median Rent
$220,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New construction Wawa with 20-year NNN lease in Clarksville.
Where is this grocery and convenience store located?
The property is located at 1290 Parkway Pl Clarksville, TN.
What is the asking price?
The asking price for this property is $4,522,252.
What are key features of this property?
This property features: 20‑year NNN lease with corporate guarantee ensures long‑term, passive income.; First Wawa location in Tennessee, capitalizing on Wawa's expansion into the South.; High‑traffic corner location with excellent visibility at a signalized intersection.
