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10040 Encounter Dr
Fairhope, AL 36532

$4,056,603 USD

Convenience Store For Sale  •  5,000 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 6,119 SF
  • Lot Size 2.72 AC
  • Building Class C
  • Year Built 2025
  • Cap Rate 5.30 %
  • Tenancy Single
0 Transit Score
11 Walk Score

Highlights

Brand-New 20 Year Lease – Strong Commitment to Site with (6) 5 Year Options
Zero Landlord Responsibilities
Lease is Guaranteed by Wawa, Inc., an Investment Grade (Fitch: BBB), Nationally Recognized Brand With over 900+ Locations
Located on the Hard Corner of the Increasingly Busy Intersection of Highway 181 and Highway 104 – Highway 181 was recently expanded to 4-lane to accom

Property Flyers

Cap Rate: 5.30 %

Public Transportation

AirportDriveWalkDistance
Mobile Regional 57 min - 38.3 mi
Tim Herrington 251-510-2277 Herrington Realty
Tim Herrington 251-510-2277 Herrington Realty