Wawa NNN property for sale, Fleming Island, FL

Wawa NNN — Fleming Island, FL

Updated October 15, 2026

$4,700,000 · 4.65% CAP · 20 YRS

Wawa, $4,700,000, ground lease, 20 years, 1510 Merchant Blvd. 4.65% vs 4.675%, 3 bps below, Fleming Island, 1510 Merchant Blvd. Listed in our October 15, 2026 deal list.

Lease Abstract

Price: $4,700,000
Cap rate: 4.65% CAP
NOI: $218,550
Term remaining: 20 YRS
Lease type: Ground Lease
Options: Six 5-year options

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

Location

Fleming Island, Florida — 1510 Merchant Blvd, Fleming Island, FL 32003. Full address and offering memorandum released on request — see our Wawa tenant guide and the Florida market page for the underwriting context.

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