- For Sale $9,400,000
- Property Type Retail
- Property Size 5,300 SF
- Lot Size 1.83 Acre
- Cap Rate % 5
- NOI / YR $470,000.00
- Parking Spaces Avail. 48
- Parking Ratio 9.10 / 1,000 SF
- Year Built 2024
- Date Updated Apr 20, 2026
Description
Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale
a brand new, corporately guaranteed 20-year ground lease opportunity
in affluent Charlottesville, Virginia. Wawa, Inc., is an investment-grade
entity rated BBB by Fitch and with over $18.9 billion in annual revenue,
ranks as the 20th largest privately held company according to Forbes.
Operating over 1,000 locations along the East Coast, Wawa is the ninth
largest convenience store chain in the United States.
The Property is prominently situated on ±1.83 acres at the signalized hard
corner of 5th Street SW and 5th Street Station Parkway, approximately
.5 miles from major regional connector, Interstate 64. The site benefits
from high visibility and accessibility at the entrance of 5th Street Station,
a 400,000 square foot dominant shopping destination anchored by
the MSA’s only Wegman’s. Additionally, its proximity to Interstate 64
(48,000 VPD) makes it a prime stop for travelers seeking gas and other
essentials.
1150 5th Street Station SW presents investors with the opportunity to
acquire a one of a kind trophy asset in one of Virginia’s most dynamic
retail markets. The dense surrounding retail environment and the City
of Charlottesville’s high barriers to entry further solidify the property’s
long-term value and sustainability with predictions that this location will
be the strongest performing in the region.
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Contacts
Cushman & Wakefield | Thalhimer
Location
Cushman & Wakefield | Thalhimer