4545 Market StYork, PA 17408

Property Details for 4545 Market St

Year built

1978

Lot size

1.46 AC

Property size (Sq ft)

1,768 SF

Zone code

AG

Property type

Commercial land

APN

51-000-HG-0004.H0-00000

APU

51000HG0004H000000

Description

This exceptional investment opportunity presents a brand-new, 6,049 square foot Wawa convenience store and gas station located at 4545 W Market St, York, PA 17408. Situated on a 2.83-acre lot in a high-traffic area with over 32,000 vehicles passing daily, this Class A property boasts excellent visibility and accessibility. The property is under a 20-year absolute NNN ground lease (commencing December 1, 2024 and expiring November 30, 2044) with a corporate guarantee from Wawa, a nationally recognized and financially stable company. The lease includes six 5-year renewal options and a 10% rent increase every five years. The current Net Operating Income (NOI) is $315,000, resulting in a 5.00% cap rate. The property's HC zoning and proximity to major distribution centers like Amazon, FedEx, and Church & Dwight further enhance its investment appeal. This is a truly passive investment with no landlord responsibilities, offering a stable and predictable income stream in a thriving market with a young and growing population. The asking price is $6,300,000. This is a unique opportunity to acquire a high-performing Wawa in a prime location with significant long-term growth potential.

• Alternative Use

  Use

  Valuation

  Residential

  $431,765

  Hospitality

  $395,495

  Educational

  $329,047

  Medical

  $340,363

  Retail

  $511,851

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9287

Longitude

-76.8224

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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