NNN Gas Station Ground
For Sale
Contact for pricing
4660 W State Rd 46, Sanford, FL 32771
Single-tenant absolute NNN ground lease with a Wawa convenience store and gas operation and corporate guaranteed payments.
Property Size6,182 SF
Price / SF$825.95
Days on Market173
Property Features for 4660 W State Rd 46
General Information
Standard status
Active
Size
6,182 SF
Class
A
Total Parking Spaces
50
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$242,550
Site & Location
Traffic Count
140,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2016
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
Patrick Nutt · License #BK3120739
Source:
Crexi
Added: Mar 17
Changed: Aug 27
Last Checked: Sep 4 at 5:26PM
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 Tampa
Investment Insights
Based on property information with market context.
This is a single-tenant absolute NNN ground lease property operated as a Wawa convenience store and gas station. The lease is corporate guaranteed and has 11+ years remaining, with scheduled rental increases. The lease structure is described as having no landlord responsibilities. There are six (5-year) extension options included.
The property is located in Sanford, Florida at 4660 W State Rd. 46, directly off I-4, with visibility reported at 140,000 VPD. The tenant is Wawa.
As presented in the offering materials, the site is positioned for long-term income stability through a lease structure with scheduled increases and multiple extension options.
The property is located in Sanford, Florida at 4660 W State Rd. 46, directly off I-4, with visibility reported at 140,000 VPD. The tenant is Wawa.
As presented in the offering materials, the site is positioned for long-term income stability through a lease structure with scheduled increases and multiple extension options.
Key Highlights
- Single‑tenant absolute NNN ground lease with a Wawa convenience store and gas operation
- 2016 build
- Located directly off I‑4 at 4660 West State Rd. 46 with 140,000 VPD visibility
Property Analytics
Property Profile
Current Use
Lease Details
140,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Explore this area
Business Placement
Demographics for 32771, FL
57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Single-tenant absolute NNN ground lease with a Wawa convenience store and gas operation and corporate guaranteed payments.
Where is this gas station located?
The property is located at 4660 W State Rd 46 Sanford, FL.
What is the asking price?
The asking price for this property is $5,106,000.
What are key features of this property?
This property features: Single‑tenant absolute NNN ground lease with a Wawa convenience store and gas operation; 2016 build; Located directly off I‑4 at 4660 West State Rd. 46 with 140,000 VPD visibility
