- For Sale $5,400,000
- Property Type Retail
- Property Size 3,905 SF
- Lot Size 3.86 Acre
- Date Updated Apr 24, 2024
Equity Retail Brokers is pleased to exclusively offer for sale a single-tenant net lease property, occupied by Wawa. The subject property is 3.86 AC and includes a 3,905 SF free-standing Wawa convenience store with five double-sided fueling stations. Wawa has 19 years remaining in their 20-year lease term, and has six (6), 5-year options to extend. Wawa has a long operating history in the market, as this store replaced a legacy store, which operated on the same site for many years.
- This location is an upgrade of a legacy non-gas Wawa store, which operated on the same site for over 30 years, proving a strong market for Wawa
- Wawa has committed to the site for 20 years, starting a new lease in December 2022
- The lease features 10% rental increases every 5 years throughout the initial term and option periods
- Absolute NNN ground lease with Zero Landlord responsibilities
- Oversized site (3.86 AC) with frontage on two streets
- Corporate guaranty from Wawa (shadow rated BBB by Fitch)
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
27/100
Car-Dependent
-
Bike Score ®
34/100
Somewhat Bikeable
- City Franklinville, NJ
- Neighborhood Franklinville
- Zip Code 08322
- Market Philadelphia
Points of Interest
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US gas
5.00 miles
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Sunoco
5.03 miles
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Conoco
5.33 miles
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Williamstown Shell
6.03 miles
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Wawa
6.70 miles
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Lucky 7 Fuel Plus
6.70 miles
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Sunoco
6.79 miles
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Shell
6.83 miles
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Sun Petro
6.91 miles
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Valero
6.91 miles
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Nature Center / Ranger
3.08 miles
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Primary Lot
3.16 miles
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Secondary Parking
3.17 miles
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School Parking Lot
3.19 miles
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Board of Education Parking
3.21 miles
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Gymnasium Parking
3.25 miles
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Secondary Parking
3.50 miles
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Scotland Run Park Parking
3.51 miles
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Elephant Swamp Trail Parking
4.28 miles
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Elephant Swamp Trail Parking
4.38 miles
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Pegasus
3.39 miles
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Malaga Diner
3.42 miles
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McDonald's
3.47 miles
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Kountry Kitchen
4.09 miles
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Elmer Diner
4.97 miles
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Papa Luigi's pizza
5.01 miles
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Papa Luigi's
5.01 miles
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Mannino's Pizza
5.34 miles
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Asian Grill
6.05 miles
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Angelo's Diner
6.19 miles
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Weavers Farm Market
6.21 miles
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Shoprite
6.88 miles
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Walmart Supercenter
7.07 miles
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ShopRite
7.25 miles
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ALDI
7.38 miles
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Big Lots
7.58 miles
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Verchio's Market
7.58 miles
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Cross Keys Commons
8.07 miles
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Walmart Supercenter
8.13 miles
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Target
8.31 miles
Frequently Asked Questions
What is the lease rate for 2515 Delsea Dr?
Rental asking rate at 2515 Delsea Dr is $2,700,000.00/YR.
What is the total square footage of 2515 Delsea Dr?
2515 Delsea Dr totals 3,905 square feet.
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