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Florida & Gulf Coast  + Central Florida  + Retail  |  December 17, 2020
David Cohen
By: David Cohen

SRS Real Estate Brokers $4M Sale of Ground Leased Retail Property in Orlando

SRS Real Estate Partners’ National Net Lease Group has arranged the $4.2 million ground lease acquisition of a newly developed freestanding retail property occupied by Wawa in Orlando.

Located at 4700 Goldenrod Road, the 5,615-square-foot convenience store was built in 2012 and includes eight fueling stations. Wawa has 12 years remaining on its corporate guaranteed, triple net ground lease. The property is well located across the street from one of Florida’s busiest Walmart stores, is near two elementary schools, and is surrounded by residential and retail developments.

Patrick Nutt and Connor Barton of SRS represented the buyer, a New York-based private investor. The undisclosed seller was represented by Mark Thompson and Eric Parrs of STNL.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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