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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31998606
31998535

785 Buchanan Trail East, Greencastle, PA 17225 For Sale

DD
PA PA RS305854
Marcus & Millichap - Philadelphia
SW
PA PA RS329242
Marcus & Millichap - Philadelphia
JH
PA RS361617
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia
$5,922,330
83 days on market
Updated 67 days ago

Wawa - Greencastle, PA

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 6,049
Cap Rate 5.15%
NOI $305,000
Tenancy Single
Brand/Tenant Wawa
Year Built 2026
Acreage 1.750
Zoning C1
Investment Type Net Lease
Ground Lease Yes

Proximity to I-81 | Signalized Intersection

Investment highlights

NEW 2026 CONSTRUCTION – PROTOTYPE STORE

• Newly constructed in 2026 with Wawa’s latest store design

• Situated on 1.7+ acres with ample parking and fuel pumps

• Estimated $7–$7.5 million tenant investment in construction, creating significant intrinsic real estate value

ADJACENT TO I-81 HWY ON/OFF RAMP | PRIME SIGNALIZED INTERSECTION

• Just 0.5 miles from Interstate 81 (48,000 VPD), a major north-south corridor connecting PA, MD, and VA.

• Strategically located at a four-way signalized intersection with 13,000+ VPD on Buchanan Trail East.

INVESTMENT GRADE TENANT WITH STRONG GROWTH

• Corporate-guaranteed lease by Wawa, Inc. (Fitch: BBB)

• Estimated 2025 revenue of approximately $18.6 billion

• Opened 98 stores in 2025, highlighting Wawa’s continued Mid-Atlantic and Southeast expansion

LONG-TERM ABSOLUTE NNN GROUND LEASE

• Brand new 20-year lease (July 2026 Projected Rent Commencement)

• Fully NNN Ground Lease with no landlord responsibilities

• 10% rental increases every five years, providing predictable NOI growth

Listing Contacts

DD
PA PA RS305854
Marcus & Millichap - Philadelphia
SW
PA PA RS329242
Marcus & Millichap - Philadelphia
JH
PA RS361617
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$305,000.00
$25,416.67/mo

Valuation Metrics

0
DSCR
5.15%
Cap Rate
5.15%
ROI

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Additional Information

Name
Derrick Dougherty
License
PA RS305854
Brokerage Phone
2155317026
Title
PA
Name
Scott Woodard
License
PA RS329242
Brokerage
Marcus & Millichap
Brokerage Phone
2155317000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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