Property summary
This exceptional investment opportunity presents a brand-new, fee-simple Wawa convenience store and gas station located at 194 US-206 in Mount Olive, New Jersey (zip code 07836), opening August 1, 2024. The property boasts a 4,736 square foot building situated on a substantial 6.06-acre lot with over 430 feet of frontage along US-206 and Flanders-Nectong Road. This high-traffic location sees approximately 35,000 vehicles daily, benefiting from a newly widened three-lane intersection. The… property features ten fueling stations and multiple points of ingress and egress for enhanced traffic flow. The tenant, Wawa, is backed by a corporate guarantee and operates under a 20-year absolute NNN lease with six, five-year renewal options, including a 10% rent increase every five years. The property's strong financials include a current NOI of $315,000 and a pro-forma NOI of $346,500, resulting in a 5.05% cap rate and a pro-forma cap rate of 5.55%. The asking price is $6,238,000, translating to a price per square foot of $1,317.15. The property is zoned commercial and benefits from its proximity to major roadways (including easy access to I-80 and I-78 interchanges), schools, significant employers like Siemens Healthcare, and residential developments. The location within the New York City MSA and the affluent Flanders community, with an average household income of $149,055 and a population of 75,564 within a five-mile radius, further enhances the investment potential. Limited competition in the immediate area ensures strong market dominance for this Wawa location. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 8 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,736 SF
- Lot area
- 6.06 ac
- Year built
- 2024
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Location Insight
- Alternative use
- Local Zoning Insight
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