1518 W Us Highway 90 Lake City, FL 32055
New 20-year absolute NNN ground lease with Wawa.
Property size:
5,919 SFLot size:
5.16 AcresProperty Features for 1518 W Us Highway 90
General Information
- Standard status
- Active
- Size
- 5,919 SF
- Lot size
- 5.16 Acres
Building Details
- Year built
- 2026
Source:
Crexi
Listing Agency: CBRE - Orlando Listing Agent: Raymond Romano
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New Wawa Ground Lease
This property features a new 20-year absolute NNN ground lease with Wawa. The 5,915 SF building is situated on a 4.93 acre parcel at a high-traffic, signalized hard corner intersection in Lake City, FL, offering exceptional visibility and access. The new lease includes fixed rental increases throughout the term, providing hands-off ownership with no landlord obligations. The site is located directly on U.S. Highway 90, generating substantial daily traffic and demand. The asset benefits from proximity to I-75, which brings strong daily traffic counts, excellent regional connectivity, and consistent commuter exposure. This highway access enhances visibility, supports steady customer flow, and provides convenient ingress and egress for both local residents and through-travelers, making the location ideal for high-volume retail operations such as Wawa. The location is further enhanced by its access to the junction of Interstate 10 (I-10) and I-75, one of the region’s primary transportation corridors which provides exceptional east–west and north–south connectivity. The property is suitable for grocery and convenience stores, retail properties, NNN properties, and specialty properties.
Location Intelligence
Current Use by Public Records
Morgan Auto Group
Car Dealership
Similar Places Nearby
MJ's Milk and Melons
Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Columbia
- State
- Florida
- Longitude
- -82.649545
- Latitude
- 30.189126
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - New 20-year absolute NNN ground lease with Wawa.
Where is this grocery and convenience store located?
The property is located at 1518 W Us Highway 90 Lake City, FL.
What is the asking price?
The asking price for this property is $6,105,000.
What are key features of this property?
This property features: - Brand new 20-year absolute NNN ground lease with Wawa.; - Located at a high-traffic, signalized hard corner intersection with exceptional visibility and access.; - Absolute NNN lease provides hands-off ownership with no landlord obligations.
