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237 Mosier Farm dr
East Stroudsburg, PA 18301
Wawa · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,500 SF
Building Class
C
Year Built
2025
Price
$8,261,050 CAD
Price Per SF
$1,502.01 CAD
Cap Rate
5.17%
NOI
$427,096 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.12 AC
Zoning
C1 - Commercial
Parking
23 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
161’ on Angus Drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16.8.2.7-4
Land Assessment
$452,316 CAD
Improvements Assessment
$0 CAD
Total Assessment
$452,316 CAD
  • Listing ID: 35249005

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 237 Mosier Farm dr, East Stroudsburg, PA 18301

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