Danville Retail for Sale - Bloomsburg/Berwick
New 20-Year Corporate Ground Lease – The Tenant, Wawa Inc., is subject to a new 20-year NNN ground lease with the store opening in March 2026. The lease features 10 percent (10%) rental increases every five years during the base term and six, five-year options, providing revenue growth and a hedge against inflation. Wawa will operate in a 6,049-square-foot store with sixteen multi-product dispensers (MPDs). The Tenant boasts an investment grade shadow rating of “BBB+” by Fitch.
2.75-Acre Parcel Opposite Area Schools – The tenant is situated upon a 2.75-acre parcel at the signaled intersection of Route 11 and State Hospital Drive (18,845 VPD). Wawa will operate adjacent to a to-be developed restaurant, with a shared signalized entrance and connecting parking fields. The site is directly across Route 11 from Danville Area High School and Primary School with 1,149 students collectively. Wawa prefers locations near schools as it drives off-peak traffic to their stores. It is notable that the nearest competition, a Sheetz 1.3 miles east, is in an inferior location further from these drivers.
Home of Geisinger Headquarters – Danville is home to Geisinger’s 170-acre Medical Center Headquarters facility. Geisinger is a leading healthcare operator across Northeastern and Central Pennsylvania. In April 2023, Geisinger was acquired by Kaiser Permanente for a reported $5 Billion. Following the acquisition, they announced a new $880 Million expansion of the Geisinger Medical facility which is under a mile from this site. The facility will feature a new 11-story tower and emergency room expansion, evidencing their long-term commitment to the Danville area. Geisinger’s facility currently employs over 10,000 employees and the overall Geisinger Health System employs over 26,000 system-wide. Geisinger’s presence provides Danville and this region tremendous economic stability.
Part of Wawa’s Central PA Expansion – Wawa began its expansion into north central Pennsylvania in 2024, in what is otherwise known as "Sheetz territory”. The Delaware County-based chain opened locations in Williamsport and Lewisburg prior to the subject store, which together serve as crucial linkage points between Wawa’s traditional southeast Pennsylvania markets and central Pennsylvania. The company aims to open up to 12 stores in Cumberland, Dauphin, York, Franklin, Lycoming, Northumberland, and Union counties by the end of 2025, and 40 locations in central Pennsylvania over the next five years.
Best-In-Class Retailer– Wawa, Inc. is a best-in-class tenant within the highly sought-after convenience sector and a tier one retailer that is both online and recession resistant. Wawa operates over 1,000 locations in the Mid-Atlantic and Florida and reported more than $18.8 Billion in Gross Annual Sales Revenue. Wawa is currently #2 on CSP Magazine’s “Fuels 50” list which ranks convenience store brands by Market efficiency, as well as Food & Wine Magazine’s America’s Best Convenience Stores, 2nd only to Texas-based Buc-ee’s on both. In 2023, Forbes Magazine, ranked the company number 20 in its list of America’s Largest Private Companies. The company maintains a shadow credit rating from Fitch, which is investment grade.
