525 W. Butler Pike - 525 W. Butler Pike, Chalfont, PA 18914

• NNN GROUND LEASE WITH RENTAL INCREASES – Wawa operates on a NNN ground lease, allowing for a hands-off passive form of ownership. The lease also features ten percent (10%) rental increases every five (5) years, including in the option periods.. • PRIME LOCATION – Wawa sits along W Butler Ave, a thoroughfare boasting 12,364 VPD and seconds from County Line Road (15,587 VPD). The property is located across from the Giant-anchored shopping center that is home to a mix of national and local retailers.. • COMMITTED TO LOCATION – Wawa occupied their previous location on the corner of W Butler Avenue and County Line Road for more than thirty-five (35) years before entering a long-term lease at an adjacent location also offering gas demonstrating their commitment to the area.. • DOMINANT TENANT – Wawa is one of the dominant gas station and convenience store tenants in the northeast and is quickly gaining more traction throughout the country. With over 1,000 locations, Wawa is the largest private company in Pennsylvania and 22nd largest in the nation according to Forbes (2022).. • DENSELY POPULATED, AFFLUENT AREA – Just twenty-two (22) miles north of Philadelphia, Wawa is located within the densely populated and affluent Bucks County, which is the 3rd wealthiest county in the State of Pennsylvania. There are over 141,000 residents within five miles of the property with an average household income of $144,000.