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Wawa Drive-Thru NNN Property
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2530 E Bay Dr, Largo, FL 33771

Upgraded construction features dual drive-through lanes and an absolute NNN lease with no landlord responsibilities.

Property Size2,500 SF
Days on Market140

Property Features for 2530 E Bay Dr

General Information

Standard status Active
Size 2,500 SF
Property subtype Retail
Occupancy 100%

Financials

Asking Price $2,900,000
Cap Rate 5%

Site & Location

Drive-Thru Yes
Traffic Count 60,000 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: Patrick Nutt · License #BK3120739
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:21PM

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 SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

This 2,500-square-foot Wawa property in Largo features upgraded construction and two drive-through lanes. Site improvements were completed by the tenant before occupancy, and the property operates under an absolute NNN lease that places no landlord responsibilities on ownership.

The original lease has 9.6 years remaining and includes six additional five-year renewal options. Rent increases by 7% in year 6 and by 7% during each renewal option. The site is positioned on E Bay Dr, with reported traffic of more than 60,000 vehicles per day and over 254,000 residents within a five-mile radius.

The location at 2530 E Bay Dr is part of the Tampa/St. Petersburg MSA and represents Wawa’s first drive-through location in Florida.

Key Highlights

  • 2,500‑square‑foot Wawa property in Largo, Florida
  • Two drive‑through lanes with upgraded construction
  • Absolute NNN lease with no landlord responsibilities

Property Analytics

Current Use

Wawa Cafe & Coffee Shop Strategic HVAC Contractor HVAC Service The Bluffs Business Association Association / Organization Taco Jesus Hot ... Food Broker Dan's Internet Marketing ... Marketing & Advertising

Suggested Use

Top Pick Food Market Grocery & Convenience Store Parking Lot & Garage Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Shops & Services 32% Dining 28% Beauty & Spa 2%
Publix Groceries
32,546 visits/mo 0.2 miles
Speedway Shops & Services
12,305 visits/mo 0.3 miles
Panera Bread Dining
11,002 visits/mo 0.4 miles
Bonefish Grill Dining
8,662 visits/mo 0.4 miles
Bank of America Shops & Services
4,935 visits/mo 0.2 miles

Demographics for 33771, FL

29,766
Population
16,898
Households
1.8
Avg Household Size
54
Median Age
25%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
4,961
Density / Sq Mi
$60,139
Median Household Income
$40,417
Median Earnings
$1,379
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Upgraded construction features dual drive-through lanes and an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 2530 E Bay Dr Largo, FL.
What are key features of this property?
This property features: 2,500‑square‑foot Wawa property in Largo, Florida; Two drive‑through lanes with upgraded construction; Absolute NNN lease with no landlord responsibilities
(954) 703-3602 Call to check price and availability
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