Wawa
$5,238,095
1 North Virginia Avenue, Penns Grove, NJ 08069
For Sale
Retail
Active
Last Updated: 02/24/2025
5.25
Cap Rate
275,000
NOI
Details:
Cap Rate: 5.25%
NOI: $275,000
Building Size: 5,061 sqft
Lot Area: 1.98 sqft
Year Built: 2024
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.
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.
Documents:
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OM-Wawa-PennsGrove-1VirginiaAve.pdf
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Location
Gallery
