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Wawa 4535 W Market St

6,049 SF Retail Building York, PA 17408 £5,011,136 (£828/SF) 5% Net Initial Yield

Investment Highlights

  • Average Daily Traffic of 32,780

Executive Summary

Prime Location with High Traffic: Positioned along W Market St, a bustling corridor with over 32,000 vehicles passing daily, this Wawa site boasts excellent visibility and easy access, ensuring a steady flow of customers.
Strong, Reputable Tenant: Wawa, a BBB credit-rated company, is nationally recognized for its stability, long-term success, and a proven record of strong sales. With over 1,000 stores across the U.S. and growing, Wawa continues to expand its footprint, making it a reliable and high-performing tenant for investors.
Proximity to Key Economic Drivers: Located near major distribution centers like Amazon, FedEx, and Church & Dwight, this site benefits from consistent logistics traffic and a built-in customer base from local employees and residents.
Absolute NNN Ground Lease: This property is secured under an absolute triple net (ABS NNN) ground lease, meaning no landlord responsibilities and a truly passive investment. Investors benefit from a stable and predictable income stream.
Thriving Demographics and Growing Market: York’s population of 44,845, with a median age of 33.2, indicates a young, dynamic workforce. The area’s economy is supported by key sectors such as healthcare, manufacturing, and transportation, ensuring ongoing demand for retail services like Wawa.
Economic Growth Potential: Continued commercial and residential development in York positions this Wawa location for long-term growth and success.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
6,049 SF
Building Class
C
Year Built
2024
Price
£5,011,136
Price Per SF
£828
Net Initial Yield
5%
NOI
£250,557
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
2.77 AC
Zoning
AG - Commercial Retail
  • Listing ID: 34062190

  • Date on Market: 03/12/2024

  • Last Updated:

  • Address: 4535 W Market St, York, PA 17408

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