Wawa Absolute NNN
For Sale
Contact for pricing
5520 W 86th St, Indianapolis, IN 46268
Wawa occupies the site under a long-term absolute NNN ground lease with no landlord responsibilities.
Property Size5,919 SF
Price / SF$850.31
Days on Market148
Property Features for 5520 W 86th St
General Information
Standard status
Active
Size
5,919 SF
Class
A
Total Parking Spaces
65
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$239,044
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(703) 434-2599
Listed By:
Calvin Short · License #01927216
Source:
Crexi
Added: Apr 6
Changed: Aug 30
Last Checked: Apr 7 at 8:22PM
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 Newport Beach
Investment Insights
Based on property information with market context.
The offering provides ownership of the land beneath a Wawa property at 5520 W 86th St in Indianapolis, IN 46268. Built in 2026, the asset is subject to an absolute NNN ground lease that assigns zero landlord responsibilities.
Wawa has entered into a 20-year initial lease term with 6 (5-year) options to extend. The agreement includes 10% rental increases every 5 years during the initial term and when each extension option begins. This structure combines a defined occupancy commitment with scheduled contractual increases and limited ownership obligations.
Wawa has entered into a 20-year initial lease term with 6 (5-year) options to extend. The agreement includes 10% rental increases every 5 years during the initial term and when each extension option begins. This structure combines a defined occupancy commitment with scheduled contractual increases and limited ownership obligations.
Key Highlights
- Wawa is the identified tenant at 5520 W 86th St, Indianapolis, IN 46268
- Absolute NNN ground lease with zero landlord responsibilities
- 20‑year initial lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 46268, IN
26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Wawa occupies the site under a long-term absolute NNN ground lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 5520 W 86th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $5,033,000.
What are key features of this property?
This property features: Wawa is the identified tenant at 5520 W 86th St, Indianapolis, IN 46268; Absolute NNN ground lease with zero landlord responsibilities; 20‑year initial lease term
