Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2018

Property Description

The Property is ideally located in close proximity to major routes such as the NJ Turnpike, Route 528, and I-295. In fact, the property sits at the intersection of two major thoroughfares in the area; Route 130, which boasts more than 34,000 vehicles per day, and Route 206, with an additional 19,966 vehicles per day. Additionally, Wawa will be surrounded by a host of nationally recognized tenants such as: ALDI, Bank of America, 7-Eleven, PNC Bank, BP Gas, AT&T and Denny’s, further increasing consumer traffic within and around the site.

Investment Highlights

Holliday Fenoglio Fowler, L.P. (“HFF”) Net Lease Advisory is pleased to exclusively offer a premier net lease opportunity to acquire a brand new, single tenant, 20-year, full NNN ground lease property leased to Wawa (the “Property”) in Bordentown, NJ – one of the oldest municipalities within the Burlington County sub-market. Once construction is completed, Wawa, which is scheduled to open no later than November, 2019, will operate on a long-term 20-year lease with attractive 10% rental increases every five years, inclusive of the Six (6), Five (5) Year Options. The Property is ideally located in close proximity to major routes such as the NJ Turnpike, Route 528, and I-295. In fact, the property sits at the intersection of two major thoroughfares in the area; Route 130, which boasts more than 34,000 vehicles per day, and Route 206, with an additional 19,966 vehicles per day. Additionally, Wawa will be surrounded by a host of nationally recognized tenants such as: ALDI, Bank of America, 7-Eleven, PNC Bank, BP Gas, AT&T and Denny’s, further increasing consumer traffic within and around the site.
Steve Schrenk
Steve Schrenk
Director
Licensed in
1433421
Marc Mandel
Marc Mandel
Managing Director
Licensed in
0894218;AB068236

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