Wawa NNN — Anderson, IN

Updated July 18, 2026

$3,975,000 · 5.25% CAP · 19.1 YRS

Wawa's Indiana expansion reaches Anderson with this new 20-year corporate ground lease at a signalized highway intersection; the store opens in 2026. Rent increases 5% every five years beginning in year 11.

Lease Abstract

Price

$3,975,000

Cap rate

5.25% CAP

NOI

$208,673

Term remaining

19.1 YRS

Lease type

NNN Ground Lease

Increases

5% every 5 years from year 11

Guarantee

Corporate

Building

5,919 SF

Lot

3 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

5,919 SF building, built 2026, 3 acres of land. Ground lease priced at $1,325,000 per acre. Rent increases: 5% every 5 years from year 11. Corporate guarantee. Primary term ends around 2045 (19.1 yrs left at listing, Jul 2026).

Location

Anderson, Indiana. Full address and offering memorandum released on request — see our Wawa tenant guide and the Indiana market page for the underwriting context.