Property Details

Wawa

Hackettstown, NJ
Property ID: 10041

Financial Summary

Asking Price $5,975,000
Cap Rate 4.60%
Net Operating Income (NOI) $275,000
Lease Type Ground Lease, NNN
Lease Term Remaining 20 Years
Increases 10% Every 5 Years
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714
Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Brand new 20-year corporate ground lease
  • Investment grade tenant – Fitch rated BBB
  • 2-acre hard corner location at lighted intersection
  • Adjacent to Lowe’s anchored shopping center
  • 10% rent bumps every 5 years

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

305 Mountain Ave
Hackettstown, NJ

Leigh ClineWawa