Gas Stations /NJ /Salem County /Penns Grove /1 N Virginia Ave
Gas Stations /NJ /Salem County /Penns Grove /1 N Virginia Ave

1 N Virginia Ave - Service Station FOR SALE


Penns Grove, NJ 08069 | 
$5,238,095 USD
484-417-2217
1 N Virginia Ave, Penns Grove, NJ for Sale
$5,238,095 USD
Service Station - FOR SALE
1/3
null | 5.25% Cap Rate
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1 N Virginia Ave
Penns Grove, NJ 08069

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HIGHLIGHTS

  • Long-Term Lease: Wawa has signed a brand-new 20-year lease agreement, rent expected to commence in Summer 2024.
  • Corporate Guaranty: The lease is backed by Wawa’s corporate entity, which ranks 20th on Forbes’ 2023 list of America’s Largest Private Companies.

OVERVIEW

Equity Retail Brokers is pleased to present a Wawa in Penns Grove, NJ for sale to qualified investors. This offering represents a unique opportunity to acquire a newly constructed location with both a full convenience store and gas pumps.

FOR SALE DETAILS

PRICE

$5,238,095 USD

PRICE/SF

$1,035 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa | Philadelphia MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.66 AC

LAND SF

159,430 SF

ZONING

-

APN/PARCEL ID

08-00035-0000-00017

ASK ABOUT THIS PROPERTY

Bart DelfinerEquity Retail Brokers, Inc.More Info
484-417-2217

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Bart DelfinerEquity Retail Brokers, Inc.More Info
484-417-2217

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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