237 Mosier Farm dr - Convenience Store FOR SALE


East Stroudsburg, PA 18301
$5,996,131 USD
215-531-7026
237 Mosier Farm dr, East Stroudsburg, PA for Sale
$5,996,131 USD
Convenience Store - FOR SALE
1/8
null | 5.17% Cap Rate

237 Mosier Farm dr
East Stroudsburg, PA 18301


HIGHLIGHTS

  • Brand-new Wawa convenience store with 20-year corporate-guaranteed NNN ground lease.
  • Prime location less than one mile from I-80 with excellent access and visibility.
  • Positioned within Smithfield Gateway, a major mixed-use development featuring retail, medical, and residential components.
  • Located in the Pocono region, a leading tourist destination attracting 27 million visitors annually.
  • Strong surrounding demographics with East Stroudsburg University and major healthcare facilities nearby.
  • Scheduled to open April 2025, ensuring a modern, high-performing retail asset.

OVERVIEW

This newly constructed Wawa convenience store and fueling station presents a premier single-tenant net lease investment in East Stroudsburg, Pennsylvania. Scheduled to open April 10, 2025, the property spans 5,500 square feet on a 3.12-acre parcel and features 16 multi-pump dispensers, ample parking, and modern design. The asset is backed by a 20-year absolute NNN ground lease with corporate guarantee, providing investors with long-term stability and zero landlord responsibilities. Strategically located less than one mile from Interstate 80, the property benefits from exceptional visibility along Route 209, which sees over 17,000 vehicles per day. The site sits within the Smithfield Gateway development, a transformative 500,000-square-foot mixed-use project anchored by St. Luke’s University Health Network and complemented by retail, office, and residential components. This dynamic environment ensures strong consumer traffic and sustained demand. The Pocono region is a top-tier tourist destination attracting 27 million annual visitors, while East Stroudsburg University adds a steady local population of over 5,000 students. With a 10% rental increase every five years and six renewal options, this investment offers predictable income growth and inflation protection. Wawa’s strong brand presence and credit profile further enhance the security of this opportunity, making it an ideal addition to any portfolio seeking stable, long-term returns.

FOR SALE DETAILS

PRICE

$5,996,131 USD

PRICE/SF

$1,090 USD /SF

CAP RATE

5.17%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Restaurant, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

3.12 AC

LAND SF

135,907 SF

ZONING

C1

APN/PARCEL ID

16.8.2.7-4

ASK ABOUT THIS PROPERTY

Derrick DoughertyDougherty And Partners of Marcus & MillichapMore Info
215-531-7026

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Derrick DoughertyDougherty And Partners of Marcus & MillichapMore Info
215-531-7026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.