5726 Abshier BlvdBelleview, FL 34420

This exceptional investment opportunity presents a 6,025-square-foot Wawa convenience store and gas station (16 pumps) in Belleview, Florida. Located at a signalized intersection on US Hwy 27 and CR 484, this property boasts excellent visibility and accessibility, with over 42,000 vehicles passing daily. The property sits on a 1.97-acre lot and benefits from its proximity to major roadways, including I-75, and a thriving retail corridor featuring numerous national brands. The Wawa operates under a 20-year absolute NNN ground lease, signed in May 2019, with approximately 14.5 years remaining. The lease includes attractive 8% rent increases every five years, providing a strong hedge against inflation. Wawa, a highly rated investment-grade tenant (BBB rating by Fitch), consistently ranks among the top convenience store chains nationally. This location is a top performer, exceeding expectations within its market. The property's strong performance is further enhanced by its location near a major shopping center and significant residential development, including the rapidly growing Villages retirement community. This is a rare opportunity to acquire a high-performing, passively managed asset with a long-term lease and significant upside potential. The asking price is $3,815,000, representing a 4.85% cap rate. The property was built in 2019 and enjoys 100% occupancy.