New Wawa Ground
1518 W US Hwy 90, Lake City, FL 32055
Call to check price and availability
New 20-year absolute NNN ground lease with Wawa.
Type:Retail
Property size:
5,919 SFLot size:
4.93 AcresPrice / SF:
$1,031/SF- Added:
- Mar 4, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 16 at 2:10 pm
Property Features for 1518 W US Hwy 90
General Information
- Standard status
- Active
- Size
- 5,919 SF
- Lot size
- 4.93 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent Raymond Romano License #FL 3041785
Listing office CBRE - Orlando (407) 808-1657
Listing date Mar 4, 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 CBRE - Orlando
HighLights
- 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.
- Fixed rental increases throughout the 20‑year lease term.
- Located directly on U.S. Highway 90, generating substantial daily traffic.
- Proximity to I‑75 and I‑10 provides excellent regional connectivity and commuter exposure.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Morgan Auto Group
Car Dealership
Similar Places Nearby
- MJ's Milk and Melons — 451 nw orange st, lake city, fl 32055
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 Hwy 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.
