101 Easton Rd, Willow Grove, PA 19090

This Absolute-Net Lease investment opportunity is leased to Wawa, Inc. and situated at the signalized intersection of Easton Road and Blair Mill Road in Horsham, Pennsylvania. The property benefits from strong visibility at a signalized hard corner along a heavily trafficked retail corridor with exposure to 66,775 vehicles per day. The Wawa operates on a long-term, corporately guaranteed Absolute-Net Lease with more than 12 years remaining on the initial 20-year term. The lease includes six five-year renewal options, and scheduled 10 percent rental increases every five years throughout both the base term and all option periods. The Absolute-Net Lease structure provides a completely passive ownership experience, with Wawa responsible for all operating expenses, management, and capital items, including roof and structure. The property is situated within a larger retail site also occupied by CVS and P.J. Whelihan’s, along with two additional improved and fully approved shovel-ready pad sites that provide future development upside across the overall site. The strong co-tenancy and established retail environment further enhance the long-term durability of the real estate. The property size is 5585 square feet. Wawa, Inc. is a convenience store and fuel operator in the eastern United States and carries a shadow credit rating equivalent to BBB. The company ranks #21 on the Forbes 2025 list of America’s Top Private Companies and is Pennsylvania’s largest private company, generating approximately $18.64 billion in annual revenue. Wawa’s investment-grade credit profile and brand strength make it one of the most sought-after tenants in the net lease sector.