Property summary
This exceptional investment opportunity presents a brand-new, single-tenant Wawa convenience store and gas station in Tavares, Florida. Located on a 1.99-acre lot at a signalized intersection with 90,500 vehicles per day, this property boasts excellent visibility and multiple access points. The 5,641 square-foot building, constructed in 2024, features 50 parking spaces and benefits from a strong tenant synergy with nearby retailers including CVS, Home Depot, Publix, and Dollar General. The… property is situated near Tavares High School, Tavares Middle School, and Lake County government offices, ensuring a consistent customer base. The 20-year absolute NNN ground lease, commencing October 1, 2024, includes 7% rent bumps every five years beginning in year 11, and six 5-year lease options. The property's NOI is $250,000, resulting in a 4.40% cap rate, and the asking price is $5,682,000. The tenant, Wawa, is credit-rated, minimizing risk. This is a compelling investment opportunity with significant long-term potential in a high-traffic location within the Orlando MSA. The proximity to AdventHealth Waterman, which recently announced a $3 million expansion, further enhances the property's value and long-term prospects. The Winn-Dixie located nearby is a top performer nationally, indicating a strong retail environment. This property offers a secure, passive income stream with built-in growth potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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