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Pottstown, Pennsylvania

Bucks County 1031 Exchange Buyer Acquires Retail Portfolio In Newtown Pottstown Warrington Fairless Hills For $27M
SOLDRetail

Bucks County 1031 Exchange Buyer Acquires Retail Portfolio In Newtown Pottstown Warrington Fairless Hills For $27M

$27,000,000

Building Size

Asset Type

Retail

Closing

Aug 7, 2025

AI

The transaction involves the sale of a retail portfolio consisting of four Wawa convenience store properties. The sale price for the asset was $27,000,000. The portfolio spans locations in Newtown, Pottstown, Warrington, and Fairless Hills in Pennsylvania.

Summary of transaction details:

The deal was facilitated by Marcus & Millichap, which arranged the sale to a Bucks County-based 1031 exchange buyer. The portfolio was sold by a combination of regional and local owners and developers.

Players

Derrick Dougherty

Marcus & Millichap

Broker

$178.4M

vol

27 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93