This exceptional investment opportunity presents a brand-new, 6,049 square foot Wawa convenience store and gas station located in Goldsboro, North Carolina. The property boasts a 20-year absolute NNN ground lease with six five-year renewal options, each including a 10% rent increase. The lease commenced December 12, 2024, and expires December 31, 2044. The property benefits from a corporate guarantee from Wawa, Inc., a financially strong tenant. Situated at 2606 Medical Office Pl, Goldsboro, NC 27534, this high-visibility location enjoys exceptional traffic counts, with over 24,500 vehicles daily on Wayne Memorial Drive and 41,000 on nearby US Route 13. The property's strategic location near Wayne Memorial Hospital (over 2,000 employees) and Seymour Johnson Air Force Base (over 12,000 personnel) ensures consistent customer traffic. Additional nearby amenities include major shopping centers, restaurants, and Wayne Community College, further enhancing the property's appeal. The asking price is $6,000,000, with a current NOI of $300,000, resulting in a 5.00% cap rate. This is an ideal, low-management investment opportunity due to the absolute NNN lease structure. The property was built in 2024.
Highlights
Brand new, 6,049 SF Wawa convenience store and gas station in Goldsboro, NC.
20-year absolute NNN ground lease with six 5-year renewal options, each with a 10% rent increase; lease commenced December 12, 2024.
Corporate guarantee from Wawa, Inc.
High-visibility location with over 24,500 vehicles daily on Wayne Memorial Drive and 41,000 on US Route 13.
Strategic location near Wayne Memorial Hospital and Seymour Johnson Air Force Base.
Asking price: $6,000,000; current NOI: $300,000 (5.00% cap rate).
The property is located at 2606 Medical Office Pl Goldsboro, NC.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Brand new, 6,049 SF Wawa convenience store and gas station in Goldsboro, NC.; 20-year absolute NNN ground lease with six 5-year renewal options, each with a 10% rent increase; lease commenced December 12, 2024.; Corporate guarantee from Wawa, Inc.
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Contacts
Michael Yuras
Scott Crowle
Vincent Aicale
Ryan Forsyth
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Medical Office Pl Goldsboro, NC 27534
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Medical Office Pl Goldsboro, NC 27534
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2606 Medical Office Pl
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