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34415043
34415044

336 South Pitney Road, Galloway, NJ 08205 For Sale

KY
PA RS323884
Equity CRE
MO
PA RS365330
Equity CRE
EG
PA RM050201A
Equity CRE
Listed by Equity CRE
$4,069,808
3 days on market
Updated 3 days ago

Wawa | Galloway, NJ

Details
Property Type Retail, Land
Sub Type Gas Station
Cap Rate 5.75%
NOI $234,014
Occupancy 100%
Tenancy Single
Brand/Tenant Wawa
Lease Type NNN
Lease Term 20.1
Lease Expiration 08/31/2033
Remaining Term 7.1
Rent Bumps Yes
Lease Options 6 Options
Year Built 2013
Acreage 1.950
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2013
Ground Lease Yes

Gas Pump Parcel | NNN Ground Lease

Marketing description

Equity CRE is pleased to exclusively offer the opportunity to acquire a parcel that holds Wawa gas pumps in Galloway, NJ. This asset is secured by a NNN ground lease, with initial term extending through August 31, 2033, and six additional 5-year renewal options. The lease is guaranteed by Wawa, one of the dominant gas station and convenience store brands in the Mid-Atlantic, and in 2025 generated a revenue of $18.64 billion. Operating more than 1,100 locations, Wawa continues to expand its footprint while maintaining its position as one of the most sought-after tenants in the net lease sector.

Wawa occupies a premier retail position in Galloway, New Jersey at the intersection of S Pitney Road (11,001 VPD) and E Jimmie Leads Road (12,525 VPD), with nearby tenants including ShopRite, Starbucks, and CVS. The site is located approximately 8 miles from Atlantic City, which attracts over 27 million visitors annually. The site also benefits from its positioning in a well-traveled commercial area with direct connectivity White Horse Pike and the Garden State Parkway, supporting consistent traffic flow through the corridor.

Investment highlights

  • Investment Grade Credit: The lease is backed by Wawa Inc., which has a credit rating of BBB from Fitch. Wawa reported $18.64 billion in revenue in 2025, and is ranked as 21st nationally on the Forbes list of America’s Largest Private Companies.
  • Robust Daytime Traffic: The site benefits from a strong daytime population, including drivers AtlantiCare Regional Hospital and Stockton University, both situated within a four-mile radius.
  • Strong Placer.ai Data: According to Placer.ai, this Wawa location has attracted over 918k visitors in the past 12 months.
  • Right of First Refusal: The owner of the subject property holds a right of first refusal to acquire the adjacent parcel containing the Wawa convenience store, currently owned by Wawa Inc.

Listing Contacts

KY
PA RS323884
Equity CRE
MO
PA RS365330
Equity CRE
EG
PA RM050201A
Equity CRE
Listed by Equity CRE

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$234,014.00
$19,501.17/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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