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Wawa Ground Lease

Route 130 & Browning Lane, Brooklawn, NJ 08030

Offering MemorandumInvestment Flyer

Wawa Ground Lease

Freestanding Convenience Store with Gas

Property Details

  • Free-standing Wawa with Gas Pumps
  • Currently Under Construction
  • Located Only Minutes from Center City Philadelphia
  • Newly constructed Wawa will sit directly across the street from a shopping center that includes anchored tenants such as Shop Rite, Planet Fitness, Petco, Dollar Tree, and DaVita. Additional freestanding tenants include Advanced Auto Parts, Hair Cuttery, Wells Fargo, KFC, Dunkin Donuts, AT&T, and Sprint. The subject property is adjacent to Rite Aid.

Investment Highlights

  • Price: $7,847,450
  • Cap Rate: 4.55%
  • 10% Increases Every 5 Years in Initial Term and Options
  • Wawa Corporate Guaranty, with over 800 locations across six states

Contact

Property Location

Wawa Ground Lease

130 Browning Ln
Brooklawn, NJ 08030