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Capital Markets Group Completes Sale of Ground Leased Wawa

HAMPTON, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has exclusively represented the seller in the disposition of a ground leased Wawa location situated on ±1.56 acres at 301 E Mercury Boulevard in Hampton, VA.  The property is subject to a corporate, twenty year absolute net ground lease. The asset sold for $4,440,000 on April 25th. 
Thalhimer was active on both sides of the transaction with Catharine Spangler of Cushman & Wakefield | Thalhimer’s Richmond office and Chris Rouzie, Drew Haynie in Thalhimer’s Hampton Roads offices representing the seller, while Gardner King, also with Thalhimer, represented the purchaser.

Written on May 1, 2018