Wawa

Just Sold! Wawa in Penns Grove, NJ, 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.