Search
NNN Gas Station Ground Lease
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 Market172

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.

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

Current Use

Wawa Restaurant

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Law Firm (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

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

140,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

847
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message