Wawa

1500 W Harrisburg Pike, Middletown, PA
Deal Type:
Net Lease
Price:
$5,386,138
Cap Rate:
5.05%
Current Rent:
$272,000
Lease Type:
Ground Lease
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
6, Five year
Building Sq. Ft.:
5,585 SF
Rent Increases:
10% every 5 years
Site Size:
1.30 Acres

Investment Highlights

  • 2024 New Construction: Brand new 2024 construction, set to open for business summer 2024.
  • Demographics: Strong local demographics with an average household income within a 3 mile radius of $87,000.
  • Location: Conveniently located across from Harrisburg International Airport, Penn State University – Harrisburg (Enrollment: 5,000+ students), off-campus student housing, and Amtrak Middletown Station.
  • Easy Accessibility: Positioned near the signalized intersection of Route 230 (13,200 VPD) & Meade Avenue, providing easy access to the Pennsylvania Turnpike (28,400 VPD) & Route 283 (53,500VPD).

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]
phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Mike Antonoplos, Lic. #PA-RB 063105

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