New Wawa with 20-Year
1290 Parkway Pl, Clarksville, TN 37042
New construction Wawa with 20-year NNN lease in Clarksville.
Type:Retail
Property size:
5,915 SFLot size:
2.84 AcresPrice / SF:
$764/SF- Added:
- Mar 2, 2026
- Days on Market:
- 71
- Last Refresh:
- Mar 16 at 1:58 pm
Property Features for 1290 Parkway Pl
General Information
- Standard status
- Active
- Size
- 5,915 SF
- Lot size
- 2.84 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent Clay Smith License #TN 361676
Listing office Matthews
Listing date Mar 2, 2026
Source Crexi
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
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.
- Located in an area with over 116,000 residents within a 5‑mile radius.
- New construction (built in 2026) offering a modern, low‑maintenance investment.
- Large 2.84‑acre lot allows for future enhancements and expansion possibilities.
Overview
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.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.395057
- Latitude
- 36.584078
Nearby Similar for Sale
FAQs
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.
