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Single-Tenant Wawa Ground Lease

7408 E Hillsborough Ave Tampa, FL 33610

7408 E Hillsborough Ave, Tampa, FL, 33610
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For Sale
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Operating Wawa available for acquisition on an absolute NNN ground lease with remaining primary term and options.

Property Size6,100 SF
Price / SF$1,025
Days on Market132

Property Features for 7408 E Hillsborough Ave

General Information

Standard status
Active
Size
6,100 SF
Property subtype
RETAIL
Listing agency JLL | Miami
Listed by Alex Sharrin · License #IL 475.170243
Source Moodyscre
Added: Mar 12 Updated: Jul 20 at 9:22PM Checked: Jul 21 at 6:25AM

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 JLL | Miami


Investment Insights

Based on property information with market context.

The offering is a single-tenant Wawa property operating on an absolute NNN ground lease. The lease features approximately 8.1 years of primary term remaining, with 8.0% rent escalations every five years. The ground lease also includes six, five-year options.

The asset is located at 7408 E Hillsborough Avenue in Tampa, Florida.

As provided, this is structured as an NNN ground lease and is currently operating under the Wawa brand.

Key Highlights

  • Single‑tenant Wawa at 7408 E Hillsborough Avenue, Tampa, FL
  • Operating on an absolute NNN ground lease
  • ±8.1 years of primary lease term remaining

Property Analytics

Location Intelligence

Current Use by Public Records

Amazon Locker - Opie Courier Service AmeriGas Propane Exchange Propane Supplier Wawa Restaurant PNC ATM Atm

Suggested Use

Bakery Cafe & Coffee Shop Skin Care Clinic Parking Lot & Garage Pet Grooming Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Real Estate Agency Pet Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Zarzis Olive Oil LLC — 4800 US-301, Tampa, FL 33610

FAQs

What type of property is this?
Grocery and convenience store - Operating Wawa available for acquisition on an absolute NNN ground lease with remaining primary term and options.
Where is this grocery and convenience store located?
The property is located at 7408 E Hillsborough Ave Tampa, FL.
What is the asking price?
The asking price for this property is $6,253,000.
What are key features of this property?
This property features: Single‑tenant Wawa at 7408 E Hillsborough Avenue, Tampa, FL; Operating on an absolute NNN ground lease; ±8.1 years of primary lease term remaining
Contact an agent
(305) 913-5545 Call to check price and availability
More about this property
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