COLLINGDALE, PA — Marcus & Millichap has announced the sale of Wawa, a 5,585 s/f net-leased property located in Collingdale, according to Sean Beuche, regional manager of the firm’s Philadelphia office. The asset sold for $8,057,292. The buyer, a limited liability company, was secured and represented by Derrick Dougherty and Mark Krantz, investment specialists in Marcus & Millichap’s Philadelphia office.
The Wawa is located at 910 Macdade Blvd. in Collingdale. Wawa, Inc. is a privately held company with a chain of more than 840 convenience stores (over 500 offering gasoline) and more than 30,000 employees in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Florida and Washington DC.