Wawa NNN Ground Lease
For Sale
$4,539,000
18 Private Drive, Crawfordville, FL 32327
New construction is planned on a C-2 commercial parcel with a long-term ground lease structure.
Property Size5,915 SF
Lot Size4.82 Acres
Days on Market48
Property Features for 18 Private Drive
General Information
Standard status
Active
Size
5,915 SF
Lot size
4.82 Acres
Property subtype
Retail
Zoning
C-2 (General Commercial)
Building Details
Building Size
5,915 SF
Year Built
2026
Stories
1
Listing Agency:
(703) 434-2599
Listed By:
Patrick Nutt · License #FL SL3257920
(703) 434-2599
Source:
Srsre
Added: Jul 15
Changed: Aug 30
Last Checked: Aug 30 at 7:37PM
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 Patrick Nutt
Investment Insights
Based on property information with market context.
Located at 18 Private Drive in Crawfordville, Florida, the property comprises a 4.82-acre commercial parcel with 2026 construction and C-2 (General Commercial) zoning. The asset is structured as a new 20-year ground lease with six 5-year extension options.
Wawa Inc. guarantees the lease and is identified as an investment-grade company with a Fitch rating of BBB. Contractual rent increases are set at 7% every five years beginning in lease year 11, with additional increases at the start of each extension period. Wawa operates more than 1,260 locations and was ranked No. 21 in Forbes’ 2025 list of America’s largest private companies. The company has also announced a goal of reaching 1,800 stores by 2030.
Wawa Inc. guarantees the lease and is identified as an investment-grade company with a Fitch rating of BBB. Contractual rent increases are set at 7% every five years beginning in lease year 11, with additional increases at the start of each extension period. Wawa operates more than 1,260 locations and was ranked No. 21 in Forbes’ 2025 list of America’s largest private companies. The company has also announced a goal of reaching 1,800 stores by 2030.
Key Highlights
- 4.82‑acre parcel in Crawfordville, FL
- New 20‑year ground lease with six 5‑year extension options
- Lease guarantee from Wawa Inc.; Fitch rating of BBB
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Apparel 13%
Home Improvements & Furnishings 9%
Dollar Tree
Shops & Services
10,043 visits/mo
0.3 miles
Dollar General
Shops & Services
8,139 visits/mo
0.1 miles
maurices
Apparel
3,227 visits/mo
0.3 miles
Rent A Center
Home Improvements & Furnishings
2,121 visits/mo
0.3 miles
Jackson Hewitt Tax Service
Shops & Services
482 visits/mo
0.3 miles
Demographics for 32327, FL
30,048
Population
11,730
Households
2.6
Avg Household Size
42
Median Age
22%
College-Educated
88%
High-School Grad
235.6 sq mi
ZIP Area
128
Density / Sq Mi
$76,714
Median Household Income
$43,825
Median Earnings
$1,126
Median Rent
$215,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New construction is planned on a C-2 commercial parcel with a long-term ground lease structure.
Where is this nnn property located?
The property is located at 18 Private Drive Crawfordville, FL.
What is the asking price?
The asking price for this property is $4,539,000.
What are key features of this property?
This property features: 4.82‑acre parcel in Crawfordville, FL; New 20‑year ground lease with six 5‑year extension options; Lease guarantee from Wawa Inc.; Fitch rating of BBB
