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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1150 5Th St SW Charlottesville, VA 22902

5,200 SF Built 2024
Property ID
US87-1387227
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Year built 2024
Total area 5,200 SF
UPID US87-1387227
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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