Wawa

1 North Virginia Avenue, Penns Grove, NJ

$5,500,000

Price

5%

Cap Rate

$275,000

NOI

Gallery
Street
Map
Overview
Cap Rate
5%
NOI
$275,000
Building Size
5,061 sqft
Lot Area
1.98 sqft
Year Built
2024
Description

Equity Retail Brokers is pleased to present a Wawa in Penns Grove, NJ for sale to qualified investors. This offering represents a unique opportunity to acquire a newly constructed location with both a full convenience store and gas pumps.

Highlights
  • Long-Term Lease: Wawa has signed a brand-new 20-year lease agreement, rent expected to commence in Summer 2024
  • Corporate Guaranty: The lease is backed by Wawa’s corporate entity, which ranks 20th on Forbes’ 2023 list of America’s Largest Private Companies.
Documents
Title
Offering_Memorandum-Wawa-PennsGrove-1VirginiaAve.pdf
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Location
Gallery