New Wawa Ground
1518 W US Hwy 90 Lake City, FL 32055
For Sale
Contact for pricing
New 20-year absolute NNN ground lease with Wawa.
Property Size5,919 SF
Lot Size4.93 Acres
Price / SF$1,031
Days on Market147
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 Agency:
CBRE - Orlando
(407) 808-1657
Listed By:
Raymond Romano · License #FL 3041785
Source:
Crexi
Added: Mar 4
Changed: Jul 6
Last Checked: Jul 29 at 11:31AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- MJ's Milk and Melons — 451 nw orange st, lake city, fl 32055
Frequently Asked Questions
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.
