3015 Lebanon Rd Lebanon, OH 45036

Listing agency SRS Real Estate Partners | Detroit m***@srsre.com Show Phone

Listed by Michael Carter · License #6501369793 Show Phone

Source Moodyscre

Added: Jan 14 Updated: Jul 21 at 1:21PM Checked: Jul 21 at 1:21PM

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Investment Insights

Based on property information with market context.

This absolute NNN, leased-fee interest property is a new construction Wawa investment with a modern building prototype and updated store design. The site includes 16 fuel pumps, supporting a primary fueling use. The lease is structured as absolute NNN with zero landlord responsibilities.

Wawa, Inc. executed a brand new 20-year lease with six (6) five-year options to extend, reflecting a long-term commitment to the location. Rental increases are scheduled at 7% in year 11 and year 16 during the initial term, with increases at the beginning of each option period.

The offering includes land ownership, with the tenant remaining responsible for operating costs under the absolute NNN framework.

Key Highlights

• Leased fee (land ownership) interest in a new construction Wawa investment property in Lebanon, Ohio (Cincinnati MSA)
• Absolute NNN lease with zero landlord responsibilities
• Tenant Wawa, Inc. executed a brand new 20‑year lease with 6 (5‑year) options to extend

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FAQs

What type of property is this?

Gas station - New construction Wawa investment features 16 fuel pumps and an absolute NNN lease structure.

Where is this gas station located?

The property is located at 3015 Lebanon Rd Lebanon, OH.

What is the asking price?

The asking price for this property is $6,039,000.

What are key features of this property?

This property features: Leased fee (land ownership) interest in a new construction Wawa investment property in Lebanon, Ohio (Cincinnati MSA); Absolute NNN lease with zero landlord responsibilities; Tenant Wawa, Inc. executed a brand new 20‑year lease with 6 (5‑year) options to extend