101 Hissey Rd
Grasonville, MD 21638
Wawa · Retail Property For Sale

CBRE is pleased to exclusively present for sale this Wawa property located on Hissey Road in Grasonville, Maryland. The lease is a new, 20 year NNN ground lease and offers zero landlord responsibilities or expenses. There is a 10% rental increase in year 11 of the lease, and in each six, five year option to renew. This is a new construction property with Wawa's newest prototype store and 12 gas pumps. This 6,376 square foot Wawa property sits on a large 2.6 acre parcel and offers excellent access and visibility on Maryland Route 50/301 with over 65,000 vehicles traveling by daily. Wawa is also situated just 7.5 miles from the Chesapeake Bay Bridge, a vital link connecting the highly populated Baltimore, Washington, D.C. and Annapolis areas with the popular Maryland and Delaware eastern shore region and beach resorts. There are 1,799 people within 1 mile of the subject property, 6,475 people within 3 miles and 11,286 people within 5 miles. This is an affluent market with average household income over $110K in the 1, 3 and 5 mile rings.