Absolute NNN Wawa Gas
For Sale
Contact for pricing
3015 Lebanon Rd, Lebanon, OH 45036
New construction Wawa investment features 16 fuel pumps and an absolute NNN lease structure.
Property Size5,250 SF
Price / SF$1,150
Days on Market234
Property Features for 3015 Lebanon Rd
General Information
Standard status
Active
Size
5,250 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Detroit
(248) 688-0630
Listed By:
Michael Carter · License #6501369793
(586) 549-4260
Source:
Moodyscre
Added: Jan 14
Changed: Aug 23
Last Checked: Jul 21 at 1:21PM
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 | Detroit
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.
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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 45036, OH
41,060
Population
15,036
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
81.2 sq mi
ZIP Area
506
Density / Sq Mi
$97,944
Median Household Income
$51,565
Median Earnings
$1,090
Median Rent
$317,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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
