Map of Property

Wawa

For Sale

1 N Virginia Ave, Penns Grove, NJ 08069

This Penns Grove property for sale is located at 1 N Virginia Ave. The current listed sale price for Wawa is $5,238,095. Wawa is situated on a lot that is 1.98 acre in size.

Contacts

broker

Kenneth Yanni

Equity Retail Brokers

broker

Bart Delfiner

Equity Retail Brokers

broker

Ed Ginn

Equity Retail Brokers

broker

Maeve O'Reilly

Equity Retail Brokers

Property Details

  • Property Type Retail
  • Property Size 5,061 SF
  • Lot Size 1.98 Acre
  • Cap Rate % 5.25
  • NOI / YR 275000
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 56
  • Parking Ratio 11.07 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 2024
  • Date Updated Nov 18, 2024

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.

Commitment to Location: Wawa has signed a brand-new 20-year lease agreement, set to open the doors in 2024. The lease agreement also includes six 5-year options to extend.

Corporate Guaranty: The lease is backed by Wawa’s corporate entity, which ranks 20th on Forbes’ 2023 list of America’s Largest Private Companies.

Strategic Location: The property’s position on North Virginia Avenue, with points of ingress and egress located on both North Virginia Avenue as well as Harding Highway. This location sees around 25,000 vehicles per day as of traffic counts done in 2022.

Strong Demographics: Wawa benefits from the strong demographics surrounding this location, with 81,143 people within 5-mile of the site. 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 69/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Penns Grove, NJ
  • Zip Code 08069
  • Market Philadelphia

Points of Interest

  • Sunoco

    0.97 miles

  • BP

    3.16 miles

  • Blink

    3.16 miles

  • Phillips 66

    3.29 miles

  • Wawa

    3.79 miles

  • Tesla Supercharger

    4.00 miles

  • Fine Petro

    4.82 miles

  • BP Gas

    8.80 miles

  • Lot A

    1.70 miles

  • Lot C

    1.82 miles

  • Lot D

    1.97 miles

  • DRPA Car Park

    8.30 miles

  • Public parking

    8.95 miles

  • Deepwater Diner

    2.61 miles

  • Dunkin'

    3.03 miles

  • KFC

    3.68 miles

  • Cracker Barrel

    3.69 miles

  • Taco Bell

    3.70 miles

  • Applebee's

    3.72 miles

  • McDonald's

    3.79 miles

  • Auntie Anne's

    4.13 miles

  • Burger King

    4.14 miles

  • Italian Kitchen

    4.22 miles

  • Acme

    4.63 miles

  • Heritages Dairy Store

    6.13 miles

  • Save-A-Lot

    6.45 miles

  • ShopRite at Center Square Plaza

    7.58 miles

  • Walmart

    8.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Wawa