Auto Service - Gas-Conv
New Wawa C-Store & Gas Station | New York City Metro | Long Term Absolute Net Ground Lease
75 US-206, Byram (NYC Metro), NJ 07874
Listing Price: $5,190,500
Investment Overview
Nestled in the scenic heart of Sussex County, Byram Township is one of northern New Jersey’s hidden gems. Known as the “Township of Lakes,” this vibrant community blends small-town charm with natural beauty, economic opportunity, and a lifestyle that’s both relaxed and convenient. With its close proximity to major highways like US-206 and I-80, Byram offers easy access to nearby urban centers while maintaining the peaceful, green setting that draws residents and visitors alike.
The area is surrounded by pristine lakes, lush forests, and state parks—including Allamuchy Mountain State Park and Waterloo Village—making it a magnet for outdoor enthusiasts, vacationers, and families looking for a nature-forward lifestyle. Year-round recreational opportunities such as hiking, fishing, boating, and skiing ensure steady regional traffic and a thriving local economy.
Byram is home to a strong and growing residential community, with highly rated public schools and a high median household income. The township attracts both long-term residents and weekenders from New York City, just an hour away, thanks to its picturesque setting and welcoming atmosphere. Charming downtowns in nearby towns like Sparta and Hackettstown provide access to boutique shopping, dining, and community events, adding to the area’s appeal.
Strategically located on a major commercial corridor, Byram is a hub of both commuter and leisure traffic. Businesses benefit from the steady flow of daily travelers as well as the strong support of a tight-knit local population. Continued residential development and commercial investment in the region point to long-term growth and rising property values.
Whether you’re looking to invest in a flourishing area or simply appreciate the quality of life that comes with scenic surroundings and community spirit, Byram Township stands out as a location of choice in Sussex County. It’s a place where opportunity meets beauty, and where businesses and families alike can thrive.
New Wawa C-Store & Gas Station | New York City Metro | Long Term Absolute Net Ground Lease
Investment Highlights
- 19+ Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
- Wawa is one of the Largest Convenience Store Chains in the United States with 1,000+ Locations and Serving more than 800 Million People Annually.
- Wawa is located at a signalized intersection on Route 206 and Lackawanna Drive, with visibility to 28k+ vehicles daily. Immediate Access to/from I-80.
- Wawa will Operate Adjacent to a CVS Pharmacy - a Historically Strong Co-Tenant that has consistently driven Higher Sales Volumes at nearby Wawa Locations. The Property also benefits from Immediate Proximity to a Chase Bank, enhancing Overall Site Synergy.
- The Site will benefit from its location across from Byram Center, Anchored by ShopRite - New Jersey's Leading Grocery Chain. Per Placer.ai, the Center Ranks in the 97th Percentile of all Strip/Convenience Centers Nationally and is the Top-performing Center within a 30-Mile Radius.
- Affluent New Jersey Highlands Community - Serves as a Commuter Hub to Newark and New York City. The Surrounding Area Reports a Robust Average Household Income Exceeding $147,000 within a Five-Mile Radius.
- There is Minimal Competition from Large-Format Gas Stations and National Convenience Store Retailers along this particular stretch of Route 206, offering a Unique Opportunity for Operators to Capture Strong Market Share & Consistent Daily Traffic.
- Located just off Interstate 80 - the Nation's Second-Longest Highway, which connects San Francisco to NYC and generates an estimated $66.7 Billion Annually - Ranking as the most Economically Valuable Route in the U.S. per a 2022 NBER Study.
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Auto Service - Gas-Conv
New Wawa C-Store & Gas Station | New York City Metro | Long Term Absolute Net Ground Lease
Listing Price: $5,190,500
Investment Highlights
- 19+ Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
- Wawa is one of the Largest Convenience Store Chains in the United States with 1,000+ Locations and Serving more than 800 Million People Annually.
- Wawa is located at a signalized intersection on Route 206 and Lackawanna Drive, with visibility to 28k+ vehicles daily. Immediate Access to/from I-80.
- Wawa will Operate Adjacent to a CVS Pharmacy - a Historically Strong Co-Tenant that has consistently driven Higher Sales Volumes at nearby Wawa Locations. The Property also benefits from Immediate Proximity to a Chase Bank, enhancing Overall Site Synergy.
- The Site will benefit from its location across from Byram Center, Anchored by ShopRite - New Jersey's Leading Grocery Chain. Per Placer.ai, the Center Ranks in the 97th Percentile of all Strip/Convenience Centers Nationally and is the Top-performing Center within a 30-Mile Radius.
- Affluent New Jersey Highlands Community - Serves as a Commuter Hub to Newark and New York City. The Surrounding Area Reports a Robust Average Household Income Exceeding $147,000 within a Five-Mile Radius.
- There is Minimal Competition from Large-Format Gas Stations and National Convenience Store Retailers along this particular stretch of Route 206, offering a Unique Opportunity for Operators to Capture Strong Market Share & Consistent Daily Traffic.
- Located just off Interstate 80 - the Nation's Second-Longest Highway, which connects San Francisco to NYC and generates an estimated $66.7 Billion Annually - Ranking as the most Economically Valuable Route in the U.S. per a 2022 NBER Study.
Investment Overview
Nestled in the scenic heart of Sussex County, Byram Township is one of northern New Jersey’s hidden gems. Known as the “Township of Lakes,” this vibrant community blends small-town charm with natural beauty, economic opportunity, and a lifestyle that’s both relaxed and convenient. With its close proximity to major highways like US-206 and I-80, Byram offers easy access to nearby urban centers while maintaining the peaceful, green setting that draws residents and visitors alike. The area is surrounded by pristine lakes, lush forests, and state parks—including Allamuchy Mountain State Park and Waterloo Village—making it a magnet for outdoor enthusiasts, vacationers, and families looking for a nature-forward lifestyle. Year-round recreational opportunities such as hiking, fishing, boating, and skiing ensure steady regional traffic and a thriving local economy. Byram is home to a strong and growing residential community, with highly rated public schools and a high median household income. The township attracts both long-term residents and weekenders from New York City, just an hour away, thanks to its picturesque setting and welcoming atmosphere. Charming downtowns in nearby towns like Sparta and Hackettstown provide access to boutique shopping, dining, and community events, adding to the area’s appeal. Strategically located on a major commercial corridor, Byram is a hub of both commuter and leisure traffic. Businesses benefit from the steady flow of daily travelers as well as the strong support of a tight-knit local population. Continued residential development and commercial investment in the region point to long-term growth and rising property values. Whether you’re looking to invest in a flourishing area or simply appreciate the quality of life that comes with scenic surroundings and community spirit, Byram Township stands out as a location of choice in Sussex County. It’s a place where opportunity meets beauty, and where businesses and families alike can thrive.
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
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