320 W Route 313 | Perkasie, PA 18944
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
320 W Route 313
Perkasie, PA 18944
Wawa · Retail Property For Sale
Investment Highlights
- The Subject Property features a long-term (18+ Yrs.) absolute-net ground lease with no landlord management or maintenance obligations
- Ideally located with excellent frontage and visibility at the signalized corner intersection of Route 113 and Route 313 (23,000 VPD)
- Wawa has occupied this site since 1989 and recently (2021) reinvested millions of dollars into the property by building a new Super-Wawa
- This Wawa lease features 10% rental increases every 5 years in the base term as well as each of the six 5-year options to renew
- Average household incomes in the surrounding 3 miles exceed $150,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,585 SF
Building Class
B
Year Built/Renovated
1989/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.02 AC
Zoning
15PC2 - Planned Commercial
Parking
67 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $329,190 | |
| Land Assessment | $79,620 | Total Assessment | $408,810 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$79,620
Improvements Assessment
$329,190
Total Assessment
$408,810
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
