- For Sale $4,200,000
- Property Type Retail
- Property Size 5,915 SF
- Lot Size 2.46 Acre
- Cap Rate % 5
- NOI / YR $210,000.00
- Year Built 2025
- Date Updated Jun 3, 2026
Description
The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largers private companies
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Contacts
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners