13501 W Colonial Dr Winter Garden, FL 34787
Single-tenant Wawa with long-term lease in Winter Garden, Florida.
Property Features for 13501 W Colonial Dr
General Information
- Standard status
- Active
- Size
- 13,919 SF
- Lot size
- 2.06 Acres
- Property subtype
- Retail
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
Investment Insights
Based on property information with market context.
Key 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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $404.2k | $29.04 |
| − Vacancy | −$13.7k | −$0.99 |
| EGI | $390.5k | $28.05 |
| − OpEx | −$117.1k | −$8.42 |
| NOI | $273.3k | $19.64 |
Alternative Uses
Property Analytics
Current Use by Public Records
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