Wawa Convenience Store Ground
For Sale
Contact for pricing
6650 N Pensacola Blvd., Pensacola, FL 32503
New construction is leased under a corporate-guaranteed absolute NNN structure with no landlord responsibilities.
Property Size2 SF
Lot Size2.63 Acres
Price / SF$2,263,157
Days on Market59
Property Features for 6650 N Pensacola Blvd.
General Information
Standard status
Active
Size
2 SF
Lot size
2.63 Acres
Property subtype
RETAIL
Net Operating Income
$215,000
Site & Location
Traffic Count
41,500 vehicles/day
Road Access
Yes
Additional Details
Cap Rate
4.75%
Tenant in Place
Yes
Building Details
Tenancy
Single
Listing Agency:
Stirling | Pensacola
(850) 477-7044
Listed By:
Shawn Maxey · License #3336104
(850) 240-1252
Source:
Moodyscre
Added: Aug 27
Changed: Oct 24
Last Checked: Oct 23 at 4:47PM
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 Stirling | Pensacola
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A newly constructed Wawa convenience store sits on a 2.63-acre parcel in Pensacola, Florida. The property is subject to a 20-year corporate-guaranteed absolute NNN ground lease, with the tenant responsible for the roof, structure, parking, common areas, taxes, insurance, and utilities. The lease includes fixed 7% rent increases every five years beginning in Year 6, plus six 5-year extension options with the same scheduled increases. The offering includes fee-simple land ownership.
The site is at Pensacola Boulevard and N. W Street, within the Pensacola Center development. It fronts Pensacola Boulevard, which carries 41,500 VPD.
The site is at Pensacola Boulevard and N. W Street, within the Pensacola Center development. It fronts Pensacola Boulevard, which carries 41,500 VPD.
Key Highlights
- Newly constructed Wawa store on a 2.63‑acre parcel
- 20‑year corporate‑guaranteed absolute NNN ground lease
- Fixed 7% increases every five years beginning in Year 6
Property Analytics
Current Use
Lease Details
41,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Leisure 26%
Dining 12%
Home Improvements & Furnishings 1%
AMC CLASSIC Pensacola 18
Leisure
18,098 visits/mo
0.4 miles
Tom Thumb Food Stores
Shops & Services
11,966 visits/mo
0.4 miles
Circle K
Shops & Services
11,404 visits/mo
0.4 miles
Dollar General
Shops & Services
7,334 visits/mo
0.4 miles
World Ford-Pensacola
Shops & Services
7,007 visits/mo
0.4 miles
Demographics for 32503, FL
33,693
Population
14,419
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,674
Density / Sq Mi
$67,654
Median Household Income
$32,077
Median Earnings
$1,226
Median Rent
$270,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - New construction is leased under a corporate-guaranteed absolute NNN structure with no landlord responsibilities.
Where is this nnn property located?
The property is located at 6650 N Pensacola Blvd. Pensacola, FL.
What is the asking price?
The asking price for this property is $4,526,315.
What are key features of this property?
This property features: Newly constructed Wawa store on a 2.63‑acre parcel; 20‑year corporate‑guaranteed absolute NNN ground lease; Fixed 7% increases every five years beginning in Year 6
