1100 Calcon Hook Rd, Sharon Hill, PA 19079

ABSOLUTE NNN GROUND LEASE WITH 10% RENTAL INCREASES & 5.50% STEP-UP YIELD – Wawa operates on a long-term absolute NNN ground lease with over 17 years of term remaining. The triple-net lease structure offers investors a truly passive ownership structure with zero landlord responsibilities. The lease includes attractive 10% rent increases every five years, including throughout the option periods, with the next increase coming in two years, providing long-term income growth. The offering also features a compelling 5.50% step-up yield, further enhancing returns and creating meaningful upside as income grows over time.

STRATEGIC HOME-MARKET LOCATION – DELAWARE COUNTY, PA – This Wawa is located in Delaware County, the same county where the company is headquartered, reinforcing the strategic importance of the site within Wawa’s core operating footprint. Assets situated in a tenant’s home market typically benefit from stronger brand presence, heightened operational oversight, and long-term commitment, which can translate into enhanced store performance and reduced relocation

risk.

PRIME, HIGH‑EXPOSURE CORNER LOCATION – The Wawa sits on the southwest corner of the signalized intersection at Calcon Hook Road and Hook Road, capturing strong combined traffic of 39,500 vehicles per day (VPD). The signalized corner boosts visibility, traffic capture, and ease of access, while dual curb cuts on both roads ensure efficient ingress/egress and smooth circulation.

DOMINANT INVESTMENT CREDIT TENANT (FITCH: BBB) – Wawa is one of the dominant gas station and convenience store tenants in the northeast and is quickly gaining more traction throughout the country. With over 1,100 locations and growing, Wawa is the largest private company in Pennsylvania and 21st largest in the nation according to Forbes (2025) with an investment grade credit rating of BBB (Fitch).

LESS THAN 2 MILES FROM INTERSTATE 95 (156,000+ VPD) - Located less than two miles from Exit 12/12B on Interstate 95, one of the most heavily traveled highways on the East Coast, this Wawa benefits from exposure to over 156,000 vehicles per day. Its position near a major regional artery that connects the Northeast to the Southeast, from Maine to Miami, drives exceptionally strong traffic flow to the site.

LESS THAN 2 MILES FROM PHILADELPHIA INTERNATIONAL AIRPORT (PHL) – Located less than two miles from Philadelphia International Airport, which saw approximately 31 million travelers in each of the last two years, this Wawa with fuel benefits from a constant flow of airport driven traffic, including travelers, employees, rental car users, and rideshare drivers, creating strong, repeat demand for both convenience retail and fuel sales.

DENSELY POPULATED TRADE AREA – The property is anchored within a highly populated, built out trade area, with approximately 470,000 residents and 185,000 households within five miles. Even at the tighter three mile radius, the site draws from 151,000 residents and 59,000 households, underscoring its position in a robust daily needs consumer base. This level of population density translates directly into sustained traffic, reliable fuel and convenience-store demand, and strong tenant sales performance.

PHILADELPHIA MSA - The property is strategically positioned just 5 miles southwest of Center City Philadelphia, placing it firmly within the Philadelphia MSA, the 9th largest metropolitan area in the United States, with a population of approximately 6.33 million residents. Wawa’s proximity to a dense urban core drives high traffic volumes, stable consumer demand, and resilient retail performance.