Conshohocken, PA, April 27, 2015–Stuart Conston and Edward Ginn of Equity CRE recently represented the seller of a net leased Wawa property ground lease in Lower Bucks County, PA.
The 4,983-square-foot building with gasoline pumps is highly visible, and located on a major commercial corridor directly across from a major community shopping center in a densely populated area. The transaction was part of a 1031 exchange for the buyer, a New York based owner.
Wawa is a privately held company, operating over 600+ convenience retail stores (over 360 offering gasoline) located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia and Florida. The stores offer a large fresh food service selection, including Wawa brands such as built-to-order hoagies, freshly brewed coffee, hot breakfast sandwiches, built-to-order specialty beverages, plus an assortment of soups, sides and snacks.
If you would like more information about this Wawa property transaction or Investment Sales, please contact Stuart Conston, 484.417.2205, sconston@equitycre.com.
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