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Wawa Absolute NNN Ground Lease
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4597 Dixie Highway, Fairfield, OH 45014

Single-tenant ground lease with a long-term structure and C3 - General Business District zoning.

Property Size5,915 SF
Lot Size3.39 Acres
Price / SF$834
Days on Market162

Property Features for 4597 Dixie Highway

General Information

Standard status Active
Size 5,915 SF
Class A
Total Parking Spaces 60
Lot size 3.39 Acres
Property subtype Retail
Zoning C3 - General Business District
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $246,945

Additional Details

Cap Rate 5%
Road Access Yes

Building Details

Year Built 2025
Buildings 1
Units 1
Tenancy Single
Abandoned No
Listing Agency: SRS Real Estate Partners
Listed By: Philip Wellde · License #FL SL3430880
Source: Crexi
Added: May 8 Changed: Oct 3 Last Checked: Oct 16 at 6:42AM

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

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Investment Insights

Based on property information with market context.

This single-tenant ground lease is occupied by Wawa and structured as an Absolute NNN lease. The 5,915 SF building was constructed in 2025 and occupies a 3.39 AC site at a signalized, hard-corner intersection. The property is zoned C3 - General Business District.

Located at 4597 Dixie Highway in Fairfield, Ohio, the site benefits from its position along Dixie Highway and includes a lease term of 20 years. Wawa Inc. provides the lease guarantee, with 6 renewal options available at 5-year intervals.

Key Highlights

  • Wawa single‑tenant Absolute NNN ground lease
  • 5,915 SF building on a 3.39 AC lot
  • Constructed in 2025

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Skin Care Clinic

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 45014, OH

46,169
Population
19,926
Households
2.3
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
22.6 sq mi
ZIP Area
2,043
Density / Sq Mi
$69,624
Median Household Income
$44,611
Median Earnings
$1,145
Median Rent
$215,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant ground lease with a long-term structure and C3 - General Business District zoning.
Where is this nnn property located?
The property is located at 4597 Dixie Highway Fairfield, OH.
What is the asking price?
The asking price for this property is $4,939,000.
What are key features of this property?
This property features: Wawa single‑tenant Absolute NNN ground lease; 5,915 SF building on a 3.39 AC lot; Constructed in 2025
(703) 268-0854 Call to check price and availability
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