Description
This newly constructed Wawa retail property, completed in 2023, represents a prime investment opportunity in Hatboro, Pennsylvania. Situated on 2.33 acres with a Gross Leasable Area of 5,585 square feet, the property is fully occupied under a long-term lease structure with a stable tenant. The asset benefits from a high-traffic location along S York Rd, boasting a traffic count of 24,500 vehicles per day. Designed for durability and modern functionality, the property delivers strong operational performance with in-place rents of $32,404 per month and an NOI of $388,845 annually, resulting in...
Documents
Offering Summary
- Asking Price$7,550,388
- Price PSF$1,352
- Price/Acre$3,240,858
- Property TypeRetail
- Size5,585 SF
- Available5,585 SF
- Occupancy100%
- Built2023
- Total Acres~2.33 ac
Sale Details
- Walt18.30 Years
- Cap Rate5.15%
- NOI$388,845
- In-Place Cap Rate5.15%
- In-Place NOI$388,845
- GRM19.40
- In-Place Rents32,404
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2023
- Lease TypeNNN
- Ownership InterestGround Lease
- Gross Leasable Area5,585 SF
- Available GLA5,585 SF
- Traffic Count24,500 AADT
- Acres2.33
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2023
- Lease TypeNNN
- Ownership InterestGround Lease
- Gross Leasable Area5,585 SF
- Available GLA5,585 SF
- Traffic Count24,500 AADT
- Acres2.33
















Deal Team


Description
This newly constructed Wawa retail property, completed in 2023, represents a prime investment opportunity in Hatboro, Pennsylvania. Situated on 2.33 acres with a Gross Leasable Area of 5,585 square feet, the property is fully occupied under a long-term lease structure with a stable tenant. The asset benefits from a high-traffic location along S York Rd, boasting a traffic count of 24,500 vehicles per day. Designed for durability and modern functionality, the property delivers strong operational performance with in-place rents of $32,404 per month and an NOI of $388,845 annually, resulting in...
Documents
Offering Summary
- Asking Price$7,550,388
- Price PSF$1,352
- Price/Acre$3,240,858
- Property TypeRetail
- Size5,585 SF
- Available5,585 SF
- Occupancy100%
- Built2023
- Total Acres~2.33 ac
Sale Details
- Walt18.30 Years
- Cap Rate5.15%
- NOI$388,845
- In-Place Cap Rate5.15%
- In-Place NOI$388,845
- GRM19.40
- In-Place Rents32,404
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2023
- Lease TypeNNN
- Ownership InterestGround Lease
- Gross Leasable Area5,585 SF
- Available GLA5,585 SF
- Traffic Count24,500 AADT
- Acres2.33
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2023
- Lease TypeNNN
- Ownership InterestGround Lease
- Gross Leasable Area5,585 SF
- Available GLA5,585 SF
- Traffic Count24,500 AADT
- Acres2.33
Deal Team


