This newly constructed Wawa location in Hatboro, PA presents a rare opportunity to acquire a high-performing, net-leased asset backed by one of the most dominant convenience and fuel brands in the Mid-Atlantic. The property sits on a signalized intersection at York Road (Route 263) and Horsham Road (Route 463), with combined traffic counts exceeding 24,000 vehicles per day. The 20-year NNN ground lease commenced in November 2023 and is backed by a corporate guarantee from Wawa, Inc., offering investors long-term income security with zero landlord responsibilities.
Strategically located just 30 miles from Wawa’s corporate headquarters, this site benefits from strong brand loyalty and limited competition. The tenant holds a liquor license—an uncommon feature among Wawa locations—enhancing its revenue potential. The lease includes 10% rental increases every five years, providing a built-in hedge against inflation and long-term value growth.
The surrounding Montgomery County submarket is one of the most affluent and densely populated in Pennsylvania, with over 200,000 residents within a 5-mile radius and average household incomes exceeding $124,000. The area is supported by major employers such as Abington Jefferson Health, Pfizer, and Montgomery County Government, and is home to several top-ranked schools and universities.
This offering is ideal for investors seeking a passive, stable, and inflation-protected income stream from a nationally recognized tenant in a premier suburban Philadelphia location.