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Wawa 412 S York Rd 5,585 SF 4-Star Retail Building Hatboro, PA 19040 $10,438,412 CAD ($1,869.01 CAD/SF) 5.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate-guaranteed 20-year NNN ground lease with zero landlord obligations
  • Dense, affluent trade area with 200K+ residents within 5 miles and AHHI over $124K
  • 30 miles from Wawa HQ; tenant is PA’s largest private company by revenue
  • Liquor license in place—less than 10% of Wawa locations in PA have this feature
  • Located at a signalized intersection with 24,000+ VPD and direct access to I-276
  • Surrounded by major employers, hospitals, and schools driving consistent traffic

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,585 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2023
Price
$10,438,412 CAD
Price Per SF
$1,869.01 CAD
Cap Rate
5.15%
NOI
$537,578 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.13 AC
Zoning
R4

AMENITIES

  • 24 Hour Access
  • Dedicated Turn Lane
  • Signage
  • Air Conditioning

NEARBY MAJOR RETAILERS

The YMCA
Carrabba's Italian Grill
Miller's Ale House
Olive Garden
ACME
Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00-06724-009
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,442,959 CAD
  • Listing ID: 37260850

  • Date on Market: 2025-08-13

  • Last Updated:

  • Address: 412 S York Rd, Hatboro, PA 19040

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