Equity Retail Brokers Announces Sale of Newly Developed Wawa in Franklinville, NJ

Plymouth Meeting, PA, June 20, 2024 – Equity Retail Brokers is pleased to announce the sale of a recently developed Wawa convenience store located in Franklinville, New Jersey. The transaction was facilitated by a dedicated team from Equity Retail Brokers, including Bart Delfiner, Ken Yanni, and Edward Ginn, who represented the Seller.

The Wawa store, developed in 2022, is under a long-term lease agreement with 18.5 years remaining at the time of sale. This site is a redevelopment project, transforming a legacy store that previously did not offer gas services. Wawa had a longstanding presence in the old facility, serving the Franklinville community for many years.

“Our marketing efforts were successful in sourcing multiple offers. The property ultimately sold to a local non-exchange buyer with whom we’ve transacted with in the past,” said Ken Yanni, a representative from the deal team.

Equity Retail Brokers specializes in the sale of retail properties, leveraging extensive market knowledge and a network of industry connections to achieve successful transactions. For additional information regarding this transaction or to discuss your property, please reach out to the deal team at Equity Retail Brokers.

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