Back to Search

NNN Ground Lease Wawa Investment

275 W White Horse Pike, Egg Harbor City, NJ

View on Map

For Sale

Contact for pricing

20-year Wawa ground lease with zero landlord responsibilities.

Type:RETAIL

Property size:

4,685 SF

Lot size:

2.20 Acres

Price / SF:

$1,237/SF

HighLights

Absolute NNN Ground Lease: Enjoy a management‑free investment.
Long‑Term Lease: Wawa signed a 20‑year ground lease in 2017 expiring in 2037, with (6) five‑year options.
Strong Tenant: Benefit from Wawa's financial stability (S&P: BBB credit rating).
Strategic Location: Situated at a signalized corner with high traffic (AADT ~13,000) and excellent 842 feet frontage.
Proximity to Airport: Located across from Atlantic City International Airport.
Favorable Demographics: High population density and affluent households in the surrounding area.

We can help!

Listing Contact

Stephen R. Preuss

For Sale

Contact for pricing

20-year Wawa ground lease with zero landlord responsibilities.

Type:RETAIL

Property size:

4,685 SF

Lot size:

2.20 Acres

Price / SF:

$1,237/SF

Added:: Sep 15, 2025
Days on Market:: 272
Last Refresh:: May 20 at 8:21 pm

Property Features for 275 W White Horse Pike

General Information

Standard status: Active
Size: 4,685 SF
Lot size: 2.20 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Stephen R. Preuss

Listing agent Stephen R. Preuss License #4366

Listing office RIPCO Real Estate - Queens

Listing date Sep 15, 2025

Source Moodyscre

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 RIPCO Real Estate - Queens

HighLights

Absolute NNN Ground Lease: Enjoy a management‑free investment.
Long‑Term Lease: Wawa signed a 20‑year ground lease in 2017 expiring in 2037, with (6) five‑year options.
Strong Tenant: Benefit from Wawa's financial stability (S&P: BBB credit rating).
Strategic Location: Situated at a signalized corner with high traffic (AADT ~13,000) and excellent 842 feet frontage.
Proximity to Airport: Located across from Atlantic City International Airport.
Favorable Demographics: High population density and affluent households in the surrounding area.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Location Insight

Map
Local Demand

City: Egg Harbor City
County: Atlantic
State: New Jersey
Longitude: -74.5769
Latitude: 39.48

Nearby Similar for Sale

$319,900

1,764 SF

Commercial Building on White Horse Pike

Standalone commercial building, former bank branch, with drive-through.

801 White Horse Pike, Egg Harbor City, NJ 08215

View Details
$495,000

21,336 SF

Egg Harbor City School Building

Three-story, 21,336 SF school building on 2.07 acres.

526 S CHICAGO AVENUE, EGG HARBOR CITY, NJ 08215

View Details
$410,000

2,784 SF

Tenant-Occupied Investment Property

Tenant-occupied property with immediate income potential in Egg Harbor City.

723 White Horse, Egg Harbor City, NJ 08215

View Details
$430,000

2,984 SF

Tenant-Occupied Investment Property

Multifamily property in Egg Harbor City with income potential.

102 Saint Louis Avenue, Egg Harbor City, NJ 08215

View Details
$330,000

1,770 SF

Tenant-Occupied Multifamily Investment Opportunity

Tenant-occupied multifamily property in Egg Harbor City, New Jersey.

356-358 Chicago Avenue, Egg Harbor City, NJ 08215

View Details
$1,795,000

20,000 SF

Approved Cannabis Grow Operation Site

20,000 SF building on 3.83 acres, multiple uses.

111 NEW YORK AVENUE, Egg Harbor City, NJ 08215

View Details
$320,000

1,718 SF

Tenant-Occupied Multifamily Investment Opportunity

Tenant-occupied multifamily property with immediate income potential in Egg Harbor City.

127 Cincinnati Avenue, Egg Harbor City, NJ 08215

View Details
$330,000

1,588 SF

Tenant-Occupied Multifamily Investment Opportunity

Tenant-occupied multifamily property in Egg Harbor City, as-is sale.

348-350 Buffalo Avenue, Egg Harbor City, NJ 08215

View Details
$320,000

1,200 SF

Tenant-Occupied Multifamily Investment Opportunity

Tenant-occupied multifamily property with immediate income potential in Egg Harbor City.

209 Chicago Avenue, Egg Harbor City, NJ 08215

View Details
$300,000

1,562 SF

Tenant-Occupied Multifamily Investment Opportunity

Tenant-occupied multifamily property in Egg Harbor City, New Jersey.

318-320 London Avenue, Egg Harbor City, NJ 08215

View Details
$300,000

1,460 SF

Tenant-Occupied Multifamily Investment Opportunity

Tenant-occupied multifamily property with immediate income potential in Egg Harbor City.

216-218 London Avenue, Egg Harbor City, NJ 08215

View Details
$399,000

Restaurant/Pizzeria Opportunity on White Horse Pike

Active restaurant/pizzeria with equipment, seating, and parking.

1001 W White Horse Pike, Egg Harbor City, NJ 08215

View Details

For sale
Gas stations
NJ
Egg Harbor City
275 W White Horse Pike

What type of property is this?

Gas station - 20-year Wawa ground lease with zero landlord responsibilities.

Where is this gas station located?

The property is located at 275 W White Horse Pike Egg Harbor City, NJ.

What is the asking price?

The asking price for this property is $5,800,000.

What are key features of this property?

This property features: Absolute NNN Ground Lease: Enjoy a management‑free investment.; Long‑Term Lease: Wawa signed a 20‑year ground lease in 2017 expiring in 2037, with (6) five‑year options.; Strong Tenant: Benefit from Wawa's financial stability (S&P: BBB credit rating).

275 W White Horse Pike, Egg Harbor City, NJ

20-year Wawa ground lease with zero landlord responsibilities.

Property Features for 275 W White Horse Pike

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Building on White Horse Pike

Egg Harbor City School Building

Tenant-Occupied Investment Property

Tenant-Occupied Investment Property

Tenant-Occupied Multifamily Investment Opportunity

Approved Cannabis Grow Operation Site

Tenant-Occupied Multifamily Investment Opportunity

Tenant-Occupied Multifamily Investment Opportunity

Tenant-Occupied Multifamily Investment Opportunity

Tenant-Occupied Multifamily Investment Opportunity

Tenant-Occupied Multifamily Investment Opportunity

Restaurant/Pizzeria Opportunity on White Horse Pike

FAQs

Create New Password