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Wawa | 16+ Years Remaining | Reading, PA MSA | Prominent 2.23 Acre Signalized Corner

910 W Leesport Rd, Leesport, PA 19533

Listing Price: $7,327,833

Cap Rate
4.50%
Tenant Name
Wawa
Years Remaining On Lease
16.5
Guarantor
Corporate Guarantee
Rentable SF
5,585
Lease Type
NNN Ground Lease
Rent Per Square Feet
$59.04

Investment Overview

The Tenant, Wawa Inc., has more than 16 years remaining on a NNN ground lease. The lease features 10 percent (10%) rental increases every five years during the base term and six, five-year options. This provides an excellent hedge against inflation.

Investment Highlights

  • 10 Percent Every Five Years
  • Top 25 Percent of all Wawa in the State of PA
  • Located in Berks County Submarket with Five-Mile Population of 107,126

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Auto Service - Gas-Conv

Wawa | 16+ Years Remaining | Reading, PA MSA | Prominent 2.23 Acre Signalized Corner

Listing Price: $7,327,833

Cap Rate
4.50%
Tenant Name
Wawa
Years Remaining On Lease
16.5
Guarantor
Corporate Guarantee
Rentable SF
5,585
Lease Type
NNN Ground Lease
Rent Per Square Feet
$59.04

Investment Highlights

  • 10 Percent Every Five Years
  • Top 25 Percent of all Wawa in the State of PA
  • Located in Berks County Submarket with Five-Mile Population of 107,126

Investment Overview

The Tenant, Wawa Inc., has more than 16 years remaining on a NNN ground lease. The lease features 10 percent (10%) rental increases every five years during the base term and six, five-year options. This provides an excellent hedge against inflation.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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