1150 5Th St SW Charlottesville, VA 22902
Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale a brand new, corporately guaranteed 20-year ground lease opportunity in affluent Charlottesville, Virginia. Wawa, Inc., is an investment-grade entity rated BBB by Fitch and with over $18.9 billion in annual revenue, ranks as the 20th largest privately held company according to Forbes. Operating over 1,000 locations along the East Coast, Wawa is the ninth largest convenience store chain in the United States. The Property is prominently situated on ±1.83 acres at the signalized hard corner of 5th Street SW and 5th Street Station Parkway, approximately 0.5 miles from major regional connector, Interstate 64. The site benefits from high visibility and accessibility at the entrance of 5th Street Station, a 400,000 square foot dominant shopping destination anchored by the MSA’s only Wegman’s. Additionally, its proximity to Interstate 64 (48,000 VPD) makes it a prime stop for travelers seeking gas and other essentials.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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