336 S Pitney Rd - Service Station FOR SALE


Galloway, NJ 08205
$4,069,808 USD
610-645-7700
336 S Pitney Rd, Galloway, NJ for Sale
$4,069,808 USD
Service Station - FOR SALE
1/6
null | 5.75% Cap Rate

336 S Pitney Rd
Galloway, NJ 08205


HIGHLIGHTS

  • Investment Grade Credit: The lease is backed by Wawa Inc., which has a credit rating of BBB from Fitch.
  • Robust Daytime Traffic: The site benefits from a strong daytime population, including drivers AtlantiCare Regional Hospital and Stockton University
  • Strong Placer.ai Data: According to Placer.ai, this Wawa location has attracted over 918k visitors in the past 12 months.

OVERVIEW

Equity CRE is pleased to exclusively offer the opportunity to acquire a parcel that holds Wawa gas pumps in Galloway, NJ. This asset is secured by a NNN ground lease, with initial term extending through August 31, 2033, and six additional 5-year renewal options. The lease is guaranteed by Wawa, one of the dominant gas station and convenience store brands in the Mid-Atlantic, and in 2025 generated a revenue of $18.64 billion. Operating more than 1,100 locations, Wawa continues to expand its footprint while maintaining its position as one of the most sought-after tenants in the net lease sector. Wawa occupies a premier retail position in Galloway, New Jersey at the intersection of S Pitney Road (11,001 VPD) and E Jimmie Leads Road (12,525 VPD), with nearby tenants including ShopRite, Starbucks, and CVS. The site is located approximately 8 miles from Atlantic City, which attracts over 27 million visitors annually. The site also benefits from its positioning in a well-traveled commercial area with direct connectivity White Horse Pike and the Garden State Parkway, supporting consistent traffic flow through the corridor.

FOR SALE DETAILS

PRICE

$4,069,808 USD

PRICE/SF

$583 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa Fueling Station | ±1.95 AC | NNN GL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

CVC

APN/PARCEL ID

11-01164-0000-00004,11-01164-0000-00005

ASK ABOUT THIS PROPERTY

Kenneth YanniEquity CREMore Info
610-645-7700

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Kenneth YanniEquity CREMore Info
610-645-7700

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