2901 W 16th Ave

18+ Years Remaining | Corporate Guaranteed (Fitch: BBB) | Scheduled Rental Increases | Options to Extend - The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1030+ locations - 18 years remaining on an original 20-year ground lease with 9 (5-year) options to extend, demonstrating their long-term commitment to the site -The ground lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option.