Marcus & Millichap Arranges $4.8M Sale Of Wawa Retail Property In Noblesville, IN
2701 Westfield Road
$4,800,000
$811/SF
Building Size
5,915 SF
Asset Type
Retail
Closing
Sep 24, 2025
AI
A retail property located at 2701 Westfield Road in Noblesville, IN, was sold for $4,800,000. The asset covers an area of 5,915 square feet, resulting in a price per square foot of $811. The property is under a 20-year NNN lease with Wawa Inc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,800,000
- Sale Date: 09/24/2025
- Address: 2701 Westfield Road
- Market: Noblesville, IN
- Square Footage: 5,915
- Price Per Square Foot: $811
- Seller: Florida-based developer
- Buyer: Undisclosed
Don McMinn and Andrew Koriwchak from Marcus & Millichap represented the seller in this transaction. The brokerage arranged the sale of this newly built Wawa retail property.
Players
Noblesville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93