Wawa NNN Gas Station
For Sale
Contact for pricing
Pending
5957 W US Hwy 40, Greenfield, IN 46140
Newly built convenience and fuel facility subject to an absolute NNN ground lease.
Property Size5,915 SF
Days on Market167
Property Features for 5957 W US Hwy 40
General Information
Standard status
Pending
Size
5,915 SF
Class
A
Total Parking Spaces
80
Property subtype
Retail
Zoning
Commmercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$210,000
Additional Details
Cap Rate
5%
Building Details
Year Built
2025
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Tampa
(703) 268-0854
Listed By:
Patrick Nutt · License #BK3120739
Source:
Crexi
Added: Mar 17
Changed: Aug 29
Last Checked: Jul 18 at 2:10AM
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.
Completed in 2025, this 5,915-square-foot property combines a convenience store and gas station use under a single-tenant absolute NNN ground lease. The asset is zoned Commercial and occupied by Wawa Midwest, LLC, with lease obligations guaranteed by Wawa Inc.
The lease provides a 20-year initial term, six 5-year extension options, and 7% rental increases every 5 years beginning in year 11. The property is located at 5957 West US Highway 40 in Greenfield, Indiana.
The lease provides a 20-year initial term, six 5-year extension options, and 7% rental increases every 5 years beginning in year 11. The property is located at 5957 West US Highway 40 in Greenfield, Indiana.
Key Highlights
- 5,915‑square‑foot convenience store and gas station property
- Completed in 2025 and zoned Commercial
- Single‑tenant absolute NNN ground lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 46140, IN
41,708
Population
18,167
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
242
Density / Sq Mi
$82,850
Median Household Income
$47,837
Median Earnings
$1,099
Median Rent
$227,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly built convenience and fuel facility subject to an absolute NNN ground lease.
Where is this nnn property located?
The property is located at 5957 W US Hwy 40 Greenfield, IN.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 5,915‑square‑foot convenience store and gas station property; Completed in 2025 and zoned Commercial; Single‑tenant absolute NNN ground lease
