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Wawa Gas Station
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201 S Cedar Crest Boulevard, Emmaus, PA 18049

An absolute NNN ground lease has 14+ years remaining, plus six five-year renewal options.

Property SizeContact for details
Days on Market4

Property Features for 201 S Cedar Crest Boulevard

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2021
Tenancy Single
Listing Agency: Horvath & Tremblay Alexandria
Listed By: Austin J Smith · License #MD 0676339
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay Alexandria

Investment Insights

Based on property information with market context.

Built in 2021, this Wawa property combines a fuel station with a convenience store. The lease is absolute NNN and has 14+ years remaining, followed by six (6), 5-year renewal options. Rent increases 10% every five years during the primary term and at the start of each renewal option.

The property fronts S Cedar Crest Boulevard (PA Route 29), with access to I-78 and PA Route 309. Emmaus High School is approximately 0.3 miles away and serves more than 2,200 students in grades 9–12. The East Penn School District serves approximately 8,000 students and employs more than 500 teachers and administrators. Nearby destinations also include Lehigh Valley Hospital–Cedar Crest and Cedar Crest College, alongside residential areas and businesses along the corridor.

Key Highlights

  • Wawa fuel station and convenience store built in 2021
  • Absolute NNN ground lease with 14+ years remaining
  • Six (6), 5‑year renewal options

Property Analytics

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Current Use

Amazon Locker - Restructuring Courier Service Wawa Cafe & Coffee Shop PNC ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby
92k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 33% Groceries 5%
Wawa Shops & Services
44,994 visits/mo 0.1 miles
McDonald's Dining
19,285 visits/mo 0.2 miles
Burger King Dining
9,289 visits/mo 0.2 miles
Fine Wine & Good Spirits Groceries
4,493 visits/mo 0.3 miles
AutoZone Shops & Services
3,246 visits/mo 0.4 miles

Demographics for 18049, PA

18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - An absolute NNN ground lease has 14+ years remaining, plus six five-year renewal options.
Where is this gas station located?
The property is located at 201 S Cedar Crest Boulevard Emmaus, PA.
What is the asking price?
The asking price for this property is $7,509,615.
What are key features of this property?
This property features: Wawa fuel station and convenience store built in 2021; Absolute NNN ground lease with 14+ years remaining; Six (6), 5‑year renewal options
More about this property
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