Conshohocken, PA, February 9, 2016–Stuart Conston, Edward Ginn, and Ken McEvoy of Equity CRE recently represented the seller of a net leased Wawa ground lease located at the intersection of NJ Highway 130 & Crosswicks Hamilton Square Road, in Hamilton Twp. NJ, just south of I-195.
The 4,691 square foot building equipped with six gasoline pumps is highly visible and located on a major commercial corridor directly across from the Hamilton Marketplace retail power center. The buyer is a New Jersey based owner.
Wawa is a privately held company, operating over 690+ 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 net leased transaction or Investment Sales, please contact Stuart Conston, 484.417.2205, sconston@equitycre.com.