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Lease
Lease typeAbsolute NNN
Term remaining19.4 yrs
Expiration12/2045
Rent bumps10% every 5 years starting Year 10
Options6 Five-year
Ground leaseYes
Credit profile—
TenancySingle
Planning a 1031 Exchange
Give us your relinquished sale close date and we will calculate your 45-day
identification and 180-day closing deadlines, track the clock, and surface matching
inventory before it expires. We coordinate directly with your Qualified Intermediary
and can introduce one if you have not yet engaged an exchange accommodator.
Investment Grade does not provide tax or legal advice.
Property
Building SF5,915
Price / SF$903
Year built2025
Lot size4.11 ac
TypeConvenience Store, Gas Station
Days on market117
Need year-one bonus depreciation
Building age, size and improvement mix drive how much of this asset a cost
segregation study can accelerate into year one. Tell us your tax year and entity
and we will model the deduction.
Investment highlights
Newly constructed, Absolute NNN ground lease Wawa gas station/convenience store located at 1740 N Fairfax Boulevard in Ranson, West Virginia.
5,915 square foot convenience store
8 fuel pumps
Strategically positioned at the signalized intersection of North Fairfax Boulevard and WV Route 9
Traffic counts exceeding 26,000 vehicles per day
Surrounded by a strong lineup of national retailers including Weis Market, Home Depot, Kohl’s McDonald’s, Chick-fil-A, Five Guys, Dollar Tree, and Panera
Zero landlord responsibilities
Investment-grade Corporate Guarantee
Property overview
Newly constructed, Absolute NNN ground lease Wawa gas station/convenience store located at 1740 N Fairfax Boulevard in Ranson, West Virginia.
5,915 square foot convenience store
8 fuel pumps
Strategically positioned at the signalized intersection of North Fairfax Boulevard and WV Route 9
Traffic counts exceeding 26,000 vehicles per day
Surrounded by a strong lineup of national retailers including Weis Market, Home Depot, Kohl’s McDonald’s, Chick-fil-A, Five Guys, Dollar Tree, and Panera
Zero landlord responsibilities
Investment-grade Corporate Guarantee
Take the next step on this property
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Asking-market observation aggregated from public listing sources, last
observed Sep 25, 2026.
Figures are asking price and asking cap rate as published by the listing party, not a
verified closed transaction. Lease terms shown where reported by the listing party and
not independently verified. Shown for market reference only; this is not an offering.
Investment Grade Income Property, LP represents buyers on a cooperating commission basis.