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Auto Service - Gas-Conv

20-Year Wawa Ground Lease - New Construction

150 S Main St, City of Orange, NJ 07050

Listing Price: $7,816,000

Cap Rate
4.35%
Tenant Name
Wawa
Years Remaining On Lease
20.1
Guarantor
Corporate Guarantee
Rentable SF
5,051
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.31

Investment Overview

Marcus & Millichap is pleased to exclusively present a 20-year Wawa ground lease - new construction - located at 150-164 South Main Street, Orange, New Jersey.

Investment Highlights

  • Approximate Grand Opening/Rent Commencement September 1, 2022
  • Zero Landlord Responsibilities
  • Hard Corner Signalized Intersection of South Main Street and Hickory Street

Exclusively Listed By

Auto Service - Gas-Conv

20-Year Wawa Ground Lease - New Construction

Listing Price: $7,816,000

Cap Rate
4.35%
Tenant Name
Wawa
Years Remaining On Lease
20.1
Guarantor
Corporate Guarantee
Rentable SF
5,051
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.31

Investment Highlights

  • Approximate Grand Opening/Rent Commencement September 1, 2022
  • Zero Landlord Responsibilities
  • Hard Corner Signalized Intersection of South Main Street and Hickory Street

Investment Overview

Marcus & Millichap is pleased to exclusively present a 20-year Wawa ground lease - new construction - located at 150-164 South Main Street, Orange, New Jersey.

Exclusively Listed By

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