Auto Service - Gas-Conv
Wawa | 20-Years Remaining | Philadelphia, PA MSA | Infill Location
4703 Edgmont Ave, Brookhaven, PA 19015
Listing Price: $5,551,765
Investment Overview
The Tenant occupies a large 2.962-acre parcel at an entrance into the ALDI-anchored Cambridge Square. Wawa has prominent frontage along Edgmont Avenue, three means of access and eight fueling pumps. The subject site is adjacent to the aforementioned ALDI, Lowe’s Home Improvement, and immediately across Edgmont Avenue from a high-performing Giant-anchored center. Per Placer.ai, Giant ranks in the top 24 percent statewide with 1.2 million annual customer visits, and the center features outparcels to synergistic retailers Starbucks, Chipotle and Chili’s. Both grocery store locations drive traffic to this Wawa location.
Broker of Record
Auto Service - Gas-Conv
Wawa | 20-Years Remaining | Philadelphia, PA MSA | Infill Location
Listing Price: $5,551,765
Investment Highlights
- Recast Lease of High Performing Location; New 20-Year Term
- 7.5 Percent Every 5 Years Starting in Year 11
- Large 2.962-Acre Parcel Across from High-Performing Giant
Investment Overview
The Tenant occupies a large 2.962-acre parcel at an entrance into the ALDI-anchored Cambridge Square. Wawa has prominent frontage along Edgmont Avenue, three means of access and eight fueling pumps. The subject site is adjacent to the aforementioned ALDI, Lowe’s Home Improvement, and immediately across Edgmont Avenue from a high-performing Giant-anchored center. Per Placer.ai, Giant ranks in the top 24 percent statewide with 1.2 million annual customer visits, and the center features outparcels to synergistic retailers Starbucks, Chipotle and Chili’s. Both grocery store locations drive traffic to this Wawa location.
Broker of Record
