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Wawa NNN Convenience Property
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447 Oakbrooke Dr, Mount Washington, KY 40047

Newly constructed retail facility at a signalized US-150 intersection with an absolute NNN ground lease.

Property Size5,915 SF
Price / SF$729.57
Days on Market146

Property Features for 447 Oakbrooke Dr

General Information

Standard status Active
Size 5,915 SF
Property subtype RETAIL

Site & Location

Traffic Count 23,430 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Stonecliff
Listed By: Bobby Jarosz · License #9004259
Source: Moodyscre
Added: Mar 9 Changed: Jul 31 Last Checked: Jul 31 at 4:08PM

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 Stonecliff

Investment Insights

Based on property information with market context.

Newly constructed Wawa convenience store property containing 5,915 square feet and secured by a 20-year absolute NNN ground lease. The lease provides zero landlord responsibilities and includes 5% rental increases every five years beginning in Year 11.

The property fronts Mt. Washington Bypass / US-150 at a signalized intersection with reported traffic of 23,430 VPD, supporting drive-by exposure and convenient ingress and egress. It is positioned within a retail corridor surrounded by Kroger, Burger King, Dunkin’, Dollar Tree, and Goodwill. The site is less than 25 miles south of Downtown Louisville and approximately 15 miles from Louisville International Airport.

Key Highlights

  • Newly constructed Wawa convenience store property with 5,915 square feet
  • 20‑year absolute NNN ground lease with zero landlord responsibilities
  • 5% rental increases every five years beginning in Year 11

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Hair Salon Nail Salon

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

23,430 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby
291k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Shops & Services 34% Groceries 18% Home Improvements & Furnishings 5%
Kroger Groceries
53,106 visits/mo 0.3 miles
McDonald's Dining
25,342 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
20,382 visits/mo 0.2 miles
Circle K Shops & Services
16,690 visits/mo 0.4 miles
Dollar Tree Shops & Services
14,450 visits/mo 0.4 miles

Demographics for 40047, KY

23,597
Population
8,975
Households
2.6
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
29.9 sq mi
ZIP Area
789
Density / Sq Mi
$93,609
Median Household Income
$49,807
Median Earnings
$935
Median Rent
$259,600
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed retail facility at a signalized US-150 intersection with an absolute NNN ground lease.
Where is this nnn property located?
The property is located at 447 Oakbrooke Dr Mount Washington, KY.
What is the asking price?
The asking price for this property is $4,315,384.
What are key features of this property?
This property features: Newly constructed Wawa convenience store property with 5,915 square feet; 20‑year absolute NNN ground lease with zero landlord responsibilities; 5% rental increases every five years beginning in Year 11
(214) 271-8416 Call to check price and availability
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