Marc Perlman Of Ocean State Job Lot Sells Wawa Pad Site In Fairless Hills For $6.5M

The asset involved in the transaction is a retail property located at 530 Lincoln Highway, Fairless Hills, PA. The sale was executed for a price of $6,500,000 following the acquisition of the full shopping center by the seller for $23,600,000 four months prior.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,500,000
• Seller: Marc Perlman
• Seller's Company: Ocean State Job Lot
• Market: Fairless Hills, PA

This transaction reflects the activities of Ocean State Job Lot in flipping a Wawa pad site, showcasing the interest of investors in properties occupied by Wawa as the chain continues its expansion strategy.