Retail · Hackettstown, New Jersey
Wawa NJ
Wawa NJ is financed with a $3.4M CMBS loan at 4.70% that reaches maturity on December 1, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,400,000
- Original balance (same notes)
- $3,400,000
- Interest rate
- 4.70% fixed
- Originated
- November 5, 2019
- Maturity
- December 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- January 31, 2022
- Prepayment premium ends
- August 31, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 299 a/ka/ 305 Mountain Ave, Hackettstown, NJ 07840
- Metro
- Allentown-Bethlehem-Easton, PA-NJ
- Rentable area
- 87,120 sq ft
- Built
- 2018
- Largest tenants
- WAWA
- Value at securitization
- $5.8M (Apr 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.78x | 1.81x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $289K | $590K |
| Debt yield | 17.4% |
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 BENCHMARK 2019-B15 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 104% above the underwritten figure ($590K a year against $289K; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.4M | Current | No | 1.81x | 100% |
| August 2026 | $3.4M | Current | No | 1.81x | 100% |
| July 2026 | $3.4M | Current | No | n/a | n/a |
| June 2026 | $3.4M | Current | No | n/a | n/a |
| May 2026 | $3.4M | Current | No | n/a | n/a |
| April 2026 | $3.4M | Current | No | 1.81x | 100% |
| March 2026 | $3.4M | Current | No | 1.81x | 100% |
| February 2026 | $3.4M | Current | No | 1.82x | 100% |
| January 2026 | $3.4M | Current | No | 1.82x | 100% |
| December 2025 | $3.4M | Current | No | 1.82x | 100% |
| November 2025 | $3.4M | Current | No | 1.82x | 100% |
| October 2025 | $3.4M | Current | No | 1.76x | 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 |
|---|---|---|---|---|
| BENCHMARK 2019-B15 MORTGAGE TRUST | 32 | $3,400,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Allentown-Bethlehem-Easton loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Wind Creek Casino & Resort | Bethlehem, PA | Other | $132.7M | 4.38% | Aug 2029 | n/a | n/a | Current |
| Mac Commons | Whitehall, PA | Retail | $48.0M | 4.02% | Sep 2029 | 1.58x | 90% | Current |
| The Hills at Lehigh Valley | Bethlehem, PA | Multifamily | $44.5M | 6.253% | Aug 2029 | n/a | n/a | Current |
| Horizons At The Village At Whitehall | Whitehall, PA | Multifamily | $22.4M | 6.15% | Aug 2029 | 1.50x | 99% | Current |
| The Commodore, Easton | Easton, PA | Multifamily | $17.5M | 6.74% | Oct 2029 | 1.19x | 84% | Late, less than 30 days |
| Lehigh Student Housing Portfolio | Bethlehem, PA | Multifamily | $15.0M | 4.75% | Aug 2029 | 1.36x | 100% | Current |
| 1525 Valley Center Parkway | Bethlehem, PA | Office | $12.0M | 7.55% | Jan 2029 | n/a | n/a | Current |
| Lehigh Valley Medical Office Building | Macungie, PA | Office | $7.1M | 4.19% | Sep 2029 | 2.85x | 100% | Current |
All loans maturing in 2029 · All Allentown-Bethlehem-Easton 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.