275 W White Horse Pike Egg Harbor City, NJ 08215

This property features a Wawa location operating under an absolute NNN ground lease. Wawa, a large private company with over 1,000 locations and $18.8 billion in 2024 reported earnings, signed a 20-year ground lease in 2017, set to expire in 2037, with six five-year options. The lease structure provides a management-free investment opportunity, as the tenant is responsible for base rent, real estate taxes, insurance, and all repairs and maintenance, including the roof and structure. The property is strategically located at the signalized corner of W White Horse Pike and Pomona Rd, benefiting from an Average Annual Daily Traffic (AADT) of approximately 13,000. It offers easy access and favorable exposure with three curb cuts and 842 feet of linear frontage along three roadways. Situated across the street from the Atlantic City International Airport, the second most visited airport in New Jersey and ranked in the top 30% nationwide, the location is also within a 12-mile, or 20-minute drive to Downtown Atlantic City. The surrounding area has favorable demographics, including a population of over 58,000 within a 5-mile radius and an average household income of $131,154 within a 3-mile radius. The property size is 4,685 square feet.