Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Winter Garden Convenience Store with Fuel Title is generated by Realmo AI

    13501 W Colonial Dr, Winter Garden, FL 34787

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Single-tenant Wawa with long-term lease in Winter Garden, Florida.

    Type:Retail
    Property size:
    13,919 SF
    Lot size:
    2.06 Acres
    Price / SF:
    $395/SF
    Added:
    Feb 9, 2026
    Days on Market:
    111
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 13501 W Colonial Dr

    General Information

    Standard status
    Active
    Size
    13,919 SF
    Lot size
    2.06 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Fernanda Negromonte

    Listing agent Fernanda Negromonte License #BK3380709

    Listing office Nova Real Estate Services, Inc

    Listing date Feb 9, 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 Nova Real Estate Services, Inc

    HighLights

    • Long‑term Absolute NNN ground lease with approximately ±10.9 years remaining
    • Corporately guaranteed by Wawa Florida, LLC
    • Located at a signalized hard corner of SR 50 and S. Dillard Street
    • Features scheduled rent escalations of approximately 7% every five years
    • Includes six five‑year extension options
    • 13,919 SF free‑standing convenience store with fuel on approximately 89,564 SF (±2.06 acres)

    Overview

    This property features a 13,919 square foot free-standing convenience store with fuel, situated on approximately 89,564 square feet (approximately 2.06 acres). Located at the signalized hard corner of SR 50 and S. Dillard Street in Winter Garden, Florida, the property is secured by a long-term Absolute NNN ground lease with approximately 10.9 years remaining in the primary term. The lease includes six five-year extension options and scheduled rent escalations of approximately 7% every five years. The lease is corporately guaranteed by Wawa Florida, LLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tesla Supercharger Electric Vehicle Charging Station PNC ATM Atm Wawa Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Tienda Mexicana — 348 E Story Rd, Winter Garden, FL 34787

    Location Insight

    • Map
    • Local Demand
    City
    Winter Garden
    County
    Orange
    State
    Florida
    Longitude
    -81.5838723
    Latitude
    28.5514307

    Nearby Similar for Sale

    • $22,682,000
      61,844 SF

      Premier Hamlin Commercial Asset

      Class A commercial asset in a high-growth area.
      5758 HAMLIN GROVES TRAIL, WINTER GARDEN, FL 34787
      View Details
    • $2,999,000
      2,699 SF

      Winter Garden Retail on Plant

      Commercial property in downtown Winter Garden with great exposure.
      18 & 20 E PLANT STREET, WINTER GARDEN, FL 34787
      View Details
    • $399,000
      1,260 SF

      Professional Suite on West Colonial

      1,260 SF professional suite in Winter Garden, Florida.
      13350 W COLONIAL Dr C1, Winter Garden, FL 34787
      View Details
    • $225,000
      1,300 SF

      Winter Garden Assembly Building For Sale

      1300 SF assembly building with flexible zoning and financing.
      844 KLONDIKE STREET, WINTER GARDEN, FL 34787
      View Details
    • $5,620,438
      9,450 SF

      Winter Garden NNN Investment Opportunity

      New 20-year NNN lease with annual escalations.
      15710 West Colonial Drive, Winter Garden, FL 34787
      View Details
    • $160,000
      2,638 SF

      Established Salon in Winter Garden

      Turnkey beauty salon for sale in high-traffic Winter Garden location.
      120 S DILLARD STREET, WINTER GARDEN, FL 34787
      View Details
    • $2,900,000

      Operational Nursery in Winter Garden

      Turnkey plant nursery and landscape business on 8.92 acres.
      4004 REX Dr, Winter Garden, FL 34787
      View Details
    • $5,900,000
      24,145 SF

      Showroom/Warehouse on West Colonial Drive

      24,145± SF showroom/warehouse on 2.21± acres for sale.
      12800 West Colonial Drive, Winter Garden, FL 34787
      View Details
    • $739,000

      Winter Garden Triplex Investment Opportunity

      Fully occupied triplex near Plant Street district in Winter Garden.
      721 FOSTER Ave, Winter Garden, FL 34787
      View Details
    • $389,900

      Winter Garden Hospitality Property

      Hospitality property with income potential in Winter Garden, Florida.
      14501 GROVE RESORT 1409, Winter Garden, FL 34787
      View Details
    • Contact for pricing
      17,511 SF

      Winter Garden Showroom on Colonial

      17,511 SF building on 2.82 acres in Winter Garden.
      12152 W Colonial Dr, Winter Garden, FL 34787
      View Details
    • $2,795,000
      3,928 SF

      New Commercial Building on Plant

      Fully leased commercial building in Winter Garden's desirable downtown location.
      553 W PLANT STREET, WINTER GARDEN, FL 34787
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Single-tenant Wawa with long-term lease in Winter Garden, Florida.
    Where is this grocery and convenience store located?
    The property is located at 13501 W Colonial Dr Winter Garden, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Long‑term Absolute NNN ground lease with approximately ±10.9 years remaining; Corporately guaranteed by Wawa Florida, LLC; Located at a **signalized hard corner** of SR 50 and S. Dillard Street
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Fernanda Negromonte
    Real Estate License ID: BK3380709
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13501 W Colonial Dr, Winter Garden, FL 34787
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!