Wawa Fueling Station | Galloway, NJ

Equity CRE is pleased to exclusively offer the opportunity to acquire a parcel that holds Wawa gas pumps in Galloway, NJ. This asset is secured by a NNN ground lease, with initial term extending through August 31, 2033, and six additional 5-year renewal options. The lease is guaranteed by Wawa, one of the dominant gas station and convenience store brands in the Mid-Atlantic, and in 2025 generated a revenue of $18.64 billion. Operating more than 1,100 locations, Wawa continues to expand its footprint while maintaining its position as one of the most sought-after tenants in the net lease sector.

Wawa occupies a premier retail position in Galloway, New Jersey at the intersection of S Pitney Road (11,001 VPD) and E Jimmie Leads Road (12,525 VPD), with nearby tenants including ShopRite, Starbucks, and CVS. The site is located approximately 8 miles from Atlantic City, which attracts over 27 million visitors annually. The site also benefits from its positioning in a well-traveled commercial area with direct connectivity White Horse Pike and the Garden State Parkway, supporting consistent traffic flow through the corridor.

• Investment Grade Credit: The lease is backed by Wawa Inc., which has a credit rating of BBB from Fitch. Wawa reported $18.64 billion in revenue in 2025, and is ranked as 21st nationally on the Forbes list of America’s Largest Private Companies.
• Robust Daytime Traffic: The site benefits from a strong daytime population, including drivers AtlantiCare Regional Hospital and Stockton University, both situated within a four-mile radius.
• Strong Placer.ai Data: According to Placer.ai, this Wawa location has attracted over 918k visitors in the past 12 months.
• Right of First Refusal: The owner of the subject property holds a right of first refusal to acquire the adjacent parcel containing the Wawa convenience store, currently owned by Wawa Inc.