Wawa Absolute NNN Ground
6658 Pensacola Boulevard, Pensacola, FL 32505
For Sale
Contact for pricing
A newly built, single-tenant property is secured by a corporate-guaranteed lease with no landlord responsibilities.
Property SizeContact for details
Lot Size2.63 Acres
Days on Market20
Property Features for 6658 Pensacola Boulevard
General Information
Standard status
Lot size
Property subtype
Net Operating Income
Site & Location
Traffic Count
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Cap Rate
Convenience Store
Building Details
Tenancy
Listing Agency:
Stirling Properties, LLC
Listed By:
Shawn Maxey · License FL #3336104
(850) 240-1252
Source:
Crexi
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 5:56PM
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 Properties, LLC
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Investment Insights
Based on property information with market context.
This newly constructed, single-tenant ground lease is occupied by Wawa and structured on an absolute NNN basis. The corporate-guaranteed primary term runs 20 years, with fixed 7% rent increases every five years starting in Year 6. The lease provides six additional five-year options, and the tenant is responsible for the roof, structure, parking, common areas, taxes, insurance, and utilities. Ownership is fee simple in the land.
The approximately 2.63-acre parcel is at Pensacola Boulevard and N. W Street in Pensacola, Florida, within the approximately 69-acre Pensacola Center development. The site fronts Pensacola Boulevard, which carries 41,500 vehicles per day.
The approximately 2.63-acre parcel is at Pensacola Boulevard and N. W Street in Pensacola, Florida, within the approximately 69-acre Pensacola Center development. The site fronts Pensacola Boulevard, which carries 41,500 vehicles per day.
Key Highlights
- Absolute NNN ground lease with no landlord responsibilities
- 20‑year corporate‑guaranteed lease with Wawa
- Fixed 7% rent 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
383
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Leisure 25%
Dining 14%
Home Improvements & Furnishings 1%
AMC CLASSIC Pensacola 18
Leisure
18,098 visits/mo
0.2 miles
Tom Thumb Food Stores
Shops & Services
11,966 visits/mo
0.4 miles
Circle K
Shops & Services
11,404 visits/mo
0.3 miles
Dollar General
Shops & Services
7,334 visits/mo
0.3 miles
World Ford-Pensacola
Shops & Services
7,007 visits/mo
0.5 miles
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - A newly built, single-tenant property is secured by a corporate-guaranteed lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 6658 Pensacola Boulevard 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: Absolute NNN ground lease with no landlord responsibilities; 20‑year corporate‑guaranteed lease with Wawa; Fixed 7% rent increases every five years, beginning in Year 6
