3751 Ohio 63

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3751 Ohio 63

Lebanon, OH 45036
Asking Price
$5.04M
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Across $2 Billion Development with 4,500+ Homes & Kroger Marketplace Center | 20-Year NNN Ground Lea <ul><li>​20-Year Absolute NNN Ground Lease with 7% Increases Every 5 Years Beginning in Year 11</li><li>​Corporate Guaranty by Wawa, Inc. (“BBB” Investment-Grade Rating by Fitch)</li><li>​Wawa Operates 1,200+ Locations with $18.84 Billion in Revenue, Top 5 Fastest-Growing Companies in the U.S.</li><li>​Significant Capital Investment by Tenant, Average Cost to Build a Wawa is Approximately $7.5 Million</li><li>​Brand New High-Quality Construction on Large 1.89-Acre Parcel</li><li>​Serving Over 66

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NOI
$80,000
Cap Rate
1.59%
DSCR
0.27
Underwater
Cash-on-Cash
-14.50%
Monthly Payment
$24,935.17
Annual Cash Flow
$-219,222.041

Location & Travel Times