Wawa Gas Station Ground
New
For Sale
$4,624,000
4180 Berryhill Rd, Milton, FL 32571
The lease is structured as NNN, with scheduled rent increases over its term.
Property Size6,372 SF
Price / SF$725.67
Days on Market2
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Property Features for 4180 Berryhill Rd
General Information
Standard status
Active
Size
6,372 SF
Property subtype
Auto Service - Gas-Conv
Amenities
20-Year Absolute NNN Ground Lease | 7% Increases Every 5 Years
Corporate Guaranty from Wawa, Inc. | "BBB" Investment-Grade Rating by Fitch
Top 5 Fastest-Growing Companies in the U.S | 1,200+ Locations and $18.84 Billion in Annual Revenue
Significant Tenant Capital Investment | Average Cost to Build a New Wawa is Approximately $7.5 Million
Brand New, High-Quality Construction | Large 3.20+/- Acre Parcel
First Wawa Location Approved for Development in Santa Rosa County
Strategically Located in the County's Fastest-Growing Residential and Commercial Corridors
Strong Household Incomes | $113,000+ Within 3 Miles and $109,000+ Within 5 Miles
Building Details
Building Size
6,372 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Phil Sambazis · License #License(s): CA: 01474991
(858) 373-3174
Source:
Marcusmillichap
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:16AM
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 Marcus & Millichap | San Diego
Investment Insights
Based on property information with market context.
This Wawa gas station property in Pace, Florida, is subject to a 20-year NNN ground lease. Rent increases by 7% every five years during the lease term.
The property is located at 4180 Berryhill Rd in Pace, within the Pensacola MSA.
The property is located at 4180 Berryhill Rd in Pace, within the Pensacola MSA.
Key Highlights
- Wawa‑branded gas station property in Pace, Florida
- 20‑year NNN ground lease
- Rent increases 7% every 5 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 32571, FL
38,885
Population
15,041
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
112.6 sq mi
ZIP Area
345
Density / Sq Mi
$89,137
Median Household Income
$46,400
Median Earnings
$1,186
Median Rent
$281,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - The lease is structured as NNN, with scheduled rent increases over its term.
Where is this gas station located?
The property is located at 4180 Berryhill Rd Milton, FL.
What is the asking price?
The asking price for this property is $4,624,000.
What are key features of this property?
This property features: Wawa‑branded gas station property in Pace, Florida; 20‑year NNN ground lease; Rent increases 7% every 5 years
