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Auto Service - Gas-Conv

Wawa

3 N MacDade Blvd, Glenolden, PA 19036

Listing Price: $2,269,025

Cap Rate
6.25%
Tenant Name
Wawa
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
5,191
Lease Type
Double Net
Rent Per Square Feet
$34.97

Investment Overview

RARE FEE SIMPLE WAWA OWNERSHIP – FULL DEPRECIATION BENEFITS
• Investor-friendly fee simple structure providing complete control of the real estate and the ability to capture full depreciation benefits

Investment Highlights

  • LONG-TERM STABILITY – RECENT 10 YEAR LEASE EXTENSION • Wawa recently executed a new 10-year lease extension, demonstrating long-term commitment to this high-performing location.
  • PROVEN OPERATING HISTORY - SINCE 2000 • This location has operated successfully for over 25 years, underscoring its exceptional performance, customer loyalty, and relevance within the trade area.
  • BUILT-IN NOI GROWTH • Structured rent escalations of 5% in both 2035 and 2040 provide predictable income growth and an effective hedge against inflation.

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Wawa

Listing Price: $2,269,025

Cap Rate
6.25%
Tenant Name
Wawa
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
5,191
Lease Type
Double Net
Rent Per Square Feet
$34.97

Investment Highlights

  • LONG-TERM STABILITY – RECENT 10 YEAR LEASE EXTENSION • Wawa recently executed a new 10-year lease extension, demonstrating long-term commitment to this high-performing location.
  • PROVEN OPERATING HISTORY - SINCE 2000 • This location has operated successfully for over 25 years, underscoring its exceptional performance, customer loyalty, and relevance within the trade area.
  • BUILT-IN NOI GROWTH • Structured rent escalations of 5% in both 2035 and 2040 provide predictable income growth and an effective hedge against inflation.

Investment Overview

RARE FEE SIMPLE WAWA OWNERSHIP – FULL DEPRECIATION BENEFITS • Investor-friendly fee simple structure providing complete control of the real estate and the ability to capture full depreciation benefits

Exclusively Listed By

Financing By

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