Wawa Gas Station and Convenience
New
For Sale
$7,078,618
2748 Pulaski Hwy, Newark, DE 19702
The operating location combines a convenience store with on-site fuel service under a long-term NNN lease.
Property Size5,557 SF
Lot Size2.61 Acres
Price / SF$1,273
Days on Market3
Property Features for 2748 Pulaski Hwy
General Information
Standard status
Active
Size
5,557 SF
Lot size
2.61 Acres
Property subtype
Auto Service - Gas-Conv
Lease Type
NNN
Site & Location
Traffic Count
26,670 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
4.95%
Fuel Pumps
8
Amenities
Ultra Rare Fee Simple Wawa Offering
Asset Qualifies for Bonus Depreciation; Reported Store Sales
Proven Location! 2001 Construction with Extended 20-Year Lease in 2022
7.5% Increases Every 5 years
Building Details
Building Size
5,557 SF
Year Built
2020
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
Dean Zang · License #License(s): MD: 665335, VA: 0225239201
(202) 536-3754
Source:
Marcusmillichap
Added: Oct 11
Last Checked: Oct 12 at 4:44PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
Wawa operates a 5,557-square-foot convenience store with 8 fueling pumps at 2748 Pulaski Hwy in Newark, Delaware. The property occupies a 2.61-acre signalized parcel along Pulaski Hwy, also designated Route 40, with reported traffic of 26,670 vehicles per day. The store opened in 2020.
The NNN lease has 15 years remaining and includes two five-year options. Scheduled increases are 7.5% every five years. The site is on Pulaski Highway, described as an east-west commuter corridor running parallel to I-95.
The NNN lease has 15 years remaining and includes two five-year options. Scheduled increases are 7.5% every five years. The site is on Pulaski Highway, described as an east-west commuter corridor running parallel to I-95.
Key Highlights
- Wawa‑operated convenience store with 8 fueling pumps
- 5,557‑square‑foot building on a 2.61‑acre parcel
- 15 years remaining on the NNN lease, with two five‑year options
Property Analytics
Current Use
Lease Details
26,670 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 19702, DE
55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - The operating location combines a convenience store with on-site fuel service under a long-term NNN lease.
Where is this gas station located?
The property is located at 2748 Pulaski Hwy Newark, DE.
What is the asking price?
The asking price for this property is $7,078,618.
What are key features of this property?
This property features: Wawa‑operated convenience store with 8 fueling pumps; 5,557‑square‑foot building on a 2.61‑acre parcel; 15 years remaining on the NNN lease, with two five‑year options
