Wawa and McDonald's in Penns Grove, NJ
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Wawa and McDonald's in Penns Grove, NJ
2 Retail Properties Offered at $7,113,095 in Penns Grove, NJ
Executive Summary
Equity Retail Brokers is pleased to present two free-standing buildings leased to Wawa and McDonald's in Penns Grove, NJ. Both Wawa and McDonald's are brand new construction, with Wawa being completed in August 2024 and McDonald's expected to be completed in Q1 2025.Each tenant features a 20-year lease backed by full corporate guarantees - McDonald's is rated "A" by S&P while Wawa is a privately held company with over 1,000 locations across the east coast. Positioned on North Virginia Avenue, these properties enjoy high visibility and
accessibility, making it a great location with two points of ingress and egress.
accessibility, making it a great location with two points of ingress and egress.
Property Facts
| Price | $7,113,095 | Number of Properties | 2 |
| Price / SF | $799.31 / SF | Individually For Sale | 2 |
| Cap Rate | 4.92% | Total Building Size | 8,899 SF |
| Sale Type | Investment | Total Land Area | 4.38 AC |
| Status | Active |
| Price | $7,113,095 |
| Price / SF | $799.31 / SF |
| Cap Rate | 4.92% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 8,899 SF |
| Total Land Area | 4.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Wawa
1 N Virginia Ave, Penns Grove, NJ 08069 |
Retail | 5,061 SF | 2024 | $5,238,095 |
|
McDonald's
1 N Virginia Ave, Penns Grove, NJ 08069 |
Retail | 3,838 SF | 2025 | $1,875,000 |
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Contacts
-
Bart Delfiner -
Edward Ginn -
Kenneth Yanni -
Maeve O'Reilly -
Equity Retail Brokers, Inc.
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Wawa and McDonald's in Penns Grove, NJ
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