Retail · Wilmington, Delaware
Wawa and WSFS Bank
Wawa and WSFS Bank is financed with a $5.7M CMBS loan at 3.73% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,719,075
- Original balance (same notes)
- $6,500,000
- Interest rate
- 3.73% fixed
- Originated
- July 14, 2020
- Maturity
- August 6, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 5, 2030
- Master servicer
- Midland
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1700 Rocky Run Parkway, Wilmington, DE 19803
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 7,170 sq ft
- Built
- 2018
- Largest tenants
- WAWA, Inc.; WSFS BANK
- Value at securitization
- $10.7M (Jul 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.82x | 1.34x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $657K | $490K |
| Debt yield | 8.6% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the DBJPM 2020-C9 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 25% below the underwritten figure ($490K a year against $657K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.82x at securitization to 1.34x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.7M | Current | No | 1.34x | 100% |
| August 2026 | $5.7M | Current | No | n/a | n/a |
| July 2026 | $5.7M | Current | No | n/a | n/a |
| June 2026 | $5.8M | Current | No | n/a | n/a |
| May 2026 | $5.8M | Current | No | n/a | n/a |
| April 2026 | $5.8M | Current | No | 1.38x | 100% |
| March 2026 | $5.8M | Current | No | 1.38x | 100% |
| February 2026 | $5.8M | Current | No | 1.38x | 100% |
| January 2026 | $5.8M | Current | No | 1.38x | 100% |
| December 2025 | $5.8M | Current | No | 1.38x | 100% |
| November 2025 | $5.8M | Current | No | 1.38x | 100% |
| October 2025 | $5.8M | Current | No | 1.37x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| DBJPM 2020-C9 Mortgage Trust | 24 | $5,719,075 | Sep 2026 | SEC filing, October 1, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Liberty Square Apartments | Philadelphia, PA | Multifamily | $70.0M | 6.385% | Nov 2030 | 1.25x | n/a | Current |
| 161 Washington Street | Conshohocken, PA | Office | $54.0M | 6.302% | Sep 2030 | n/a | n/a | Current |
| Bristol Gardens | Bristol, PA | Multifamily | $46.0M | 6.25% | Jul 2030 | 1.31x | 94% | Current |
| GM Holdings Portfolio | Philadelphia, PA | Multifamily | $46.0M | 7.055% | Apr 2030 | 1.33x | 91% | With the special servicer and 90+ days delinquent |
| Axalta Navy Yard | Philadelphia, PA | Office | $36.7M | 3.632% | Feb 2030 | 3.45x | 100% | Current |
| Hilton Christiana | Newark, DE | Hotel | $35.0M | 6.845% | Dec 2030 | 1.78x | 72% | Current |
| Whiteland Towne Center | Exton, PA | Retail | $34.4M | 4.00% | Feb 2030 | 1.32x | 92% | Current |
| 3701 Island Avenue | Philadelphia, PA | Hotel | $33.0M | 7.606% | Aug 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Philadelphia-Camden-Wilmington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.