301 Old White Horse Pike - Service Station FOR SALE


Waterford Works, NJ 08089
$6,500,000 USD
949-903-3399
301 Old White Horse Pike, Waterford Works, NJ for Sale
$6,500,000 USD
Service Station - FOR SALE
1/3
null | 5% Cap Rate

301 Old White Horse Pike
Waterford Works, NJ 08089


HIGHLIGHTS

  • Brand New 20 Yr. NNN Ground Lease by Wawa Inc. - Grand Opening Sept 2026
  • High Profile & Affluent Community just Outside the South Jersey Shore/Atlantic City
  • Best in Class Tenant - Ranked #22 “America’s Largest Private Companies” - Huge AUV’s
  • Hyper Dense Suburb of Philadelphia - Investment Grade Credit - Dense Population Corridor
  • Brand New 2026 Prototype - Large 4.84 Acre Site - 10% Rent Bumps - Generational NNN Asset

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to investors an excellent opportunity to acquire a new construction Wawa in Waterford Works, NJ. Wawa is ranked 21st on Forbes’ “America’s Largest Private Companies” (2025), has been family owned and operated for over 200 years and brings in over $18.6 billion in annual revenue. With a brand new 20-year corporate lease, six 5-year option periods with 10% rent increases every option period and no landlord responsibilities this asset is ideal for a 1031 exchange or an investor seeking long term passive cash flows. The new construction 5,585 SF convenience store with 5 MFD’s on massive 5.94-acre parcel is strategically positioned on the hard corner signalized intersection of S White Horse Pike (Hwy 33) and Waterford-Blue Anchor Road and benefits from excellent ingress/egress and visibility. The subject property prospers from proximity to the metropolis of Philadelphia and the tourism/gambling hub of the eastern seaboard. Philadelphia has an MSA Population exceeding 6.3 million and Atlantic City sees over 27 million visitors every year. This is a great opportunity to purchase a brand-new Wawa in the Greater Philadelphia Metro with a long-term corporate lease, no landlord responsibilities and strong rent increases providing investors with passive income for years to come.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$1,164 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.94 AC

LAND SF

258,746 SF

ZONING

C

APN/PARCEL ID

36-05404-0000-00001-01

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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