Just four months after acquiring Fairless Hills Shopping Center, Ocean State Job Lot has sold a Wawa pad site on the property for $6.5 million in an off-market deal, property records show. A private individual purchased the site at 530 Lincoln Highway, which includes a Wawa with gas pumps.

Ocean State Job Lot bought the 190,000-square-foot Bucks County retail center in January for $23.6 million. The Rhode Island-based discount retailer declined to comment on the Wawa sale.

The shopping center’s tenants include Funzilla, Retro Fitness, and Big Blue Swim School. A former Big Lots store remains vacant after the retailer filed for Chapter 11 bankruptcy. Although Big Lots plans to reopen 13 stores across Pennsylvania, none are in the Philadelphia region.

Ocean State Job Lot has not shared plans for the former Big Lots space but previously said it was “exploring options.” The company prefers to own its stores and typically looks for at least 25,000 square feet of contiguous space for new locations.

*Article courtesy of Philadelphia Business Journal

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