wawa stnl forward commitment

Senior Advisor / 407.982.3976 / [email protected]

ALI MUSHTALI MUSHTAAQQ

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvnflorida.vnflorida.ccomom

PROPERPROPERTTY OY OVERVERVIEWVIEW

This is an opportunity to purchase a Brand New absolute NNN ground lease with Wawa, Inc. on aForward commitment from the local developer. The corporate guaranteed lease is 20 years in term andhas six 5 year renewal options. There are 5% increases in rent every 5 years. The offering includes the100% fee simple interest in the underlying land. The lease calls for zero landlord obligations. The asset iswell situated on major retail corridor surrounded by major retailers including McDonald’s, OutbackSteakhouse and Cracker Barrel, and down the street from the Seminole Towne Center, a large retailshopping center.

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Tenant: Wawa Florida, LLC

• Guarantor Wawa, Inc.

• Orig. Lease Term 20 Years

• Remaining Term+/- Approx. 20 Years

• Rent Commencement Start 270 Days After Landlord Delivery

• Renewal Options Six (6), Five (5) Year Options

• Lease Type: NNN

• Rent Escalations 5%, Every 5 Years

• Expenses: Tenant is responsible for real estate taxes, insurance, utilities,

repair and maintenance of the property, and capital expenditures.

FOR SALE | STNL INVESTMENT

SR 46 | Sanford, FL 32771

WAWA GAS STATION | FORWARD COMMITMENT | 20-YEAR NNN | CORPORATE GROUND LEASE

PROPERPROPERTTY SUMMARY SUMMARYY

SALE PRICE: $4,400,000

BUILDING SIZE: 6,119 SF

YEAR BUILT: 2016

ZONING: Commercial

MARKET: Orlando

SUB MARKET: Sanford-Lake Mary

CROSS STREETS: SR 46 & Hickman Rd








1 M1 Mileile 3 M3 Milesiles 5 M5 Milesiles

Total Population 3,378 31,642 99,594

Population Density 1,075 1,119 1,268

Median Age 31.6 36.1 36.5

Median Age (Male) 32.5 36.6 36.5

Median Age (Female) 30.6 35.5 36.7

Total Households 1,296 11,895 36,977

# of Persons Per HH 2.6 2.7 2.7

Average HH Income $68,716 $79,518 $78,126

Average House Value $216,530 $293,671 $333,986








PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Tenant: Wawa Florida, LLC

• Guarantor Wawa, Inc.

• Orig. Lease Term: 20 Years

• Remaining Term+/- Full 20 Years

• Rent Commencement Starts 270 Days After LandlordDelivery

• Lease Expiration 10/8/2035

• Renewal Options Six (6), Five (5) Year Options

• Lease Type: NNN

• Rent Escalations 5%, Every 5 Years

• Expenses: Tenant is responsible for real estate taxes,insurance, utilities, repair and maintenance of the property,and capital expenditures.





PROPERPROPERTTYY NAME:NAME: Wawa Gas Station | ForwardCommitment | 20-Year NNN |Corporate Ground Lease

PROPERPROPERTTY ADDRESS:Y ADDRESS: SR 46Sanford, FL 32771

PROPERPROPERTTY TY TYPE:YPE: STNL Investment

APN:APN: TBD

GROSSGROSS LEALEASSABLEABLE AREA:AREA: SF

BUILDING CLABUILDING CLASS:SS:

ZZONING:ONING: Commercial

YEAR BUILYEAR BUILTT:: 2016

NUMBER OF SNUMBER OF STTORIES:ORIES: 1

FFOUNDOUNDAATION:TION:

WWALLS:ALLS:

ROOFROOF::











Ali MushtaqSenior AdvisorSperry Van Ness Florida Commercial Real Estate Advisors

SVN is now Top #6 most recognized brand in Commercial Real Estate.Ali Mushtaq serves as Senior Advisor for Sperry Van Ness specializing in the Sale & Development of Retail,Commercial, Residential, Mixed Use Land in (Orlando MSA) With 13 years of experience.

Prior to joining Sperry Van Ness, Ali served as Commercial Associate for a national commercial real estatecompany, where he worked with several major Developers, Builders seeking Land for Acquisition &Development. Previously he served as 2013 Vice President of Finance for CFCAR and served as 2014 VP ofOperations for CFCAR. Ali currently serves in CFCAR's Commercial Professional Committee. Ali’s transactioninclude many Multi Million Dollar Transactions including the sale $5,272,000 of Town & Country RV Resortlocated in Sanford, Florida. He has several Multi Million Dollars contracts in pending status for 2015, 2016.

His knowledge in business & commercial real estate combined with his performance in commercial financeallows his clients a one stop shop, in which why he has earned so much respect from numerous clients.

Active in the commercial real estate industry, Ali is a member of ICSC, CFCAR & Florida CCIM Chapter.

Phone: 407.982.3976

Email: [email protected]

Memberships & Affiliations

ICSC, CFCAR & Florida CCIM Chapter.

Fax: 407.956.4920

Cell: 407.325.1446

Address: 160 International Pkwy, Suite 100Heathrow, FL 32746

wawa stnl forward commitment

Real Estate

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corporate guaranteed

ali mushtali mushtaaqq

sperry van ness offices

senior advisor

year renewal options