Property Description
Brand new 20-Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rent Increasesrn- Brand New 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the sitern- The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 900+ locations. rn- The ground lease features scheduled rental increase throughout the term and options to extend, increasing the NOI and hedging against inflation.
Address Map
FL
Broward County
Hollywood
33020
1801 N Federal Hwy
W81° 51' 27''
N26° 1' 38.3''
MLS Addon
All Cash, Conventional/refinance, Exchange
1
New Construction
Sale
$46,935
FH-2
0
20/02/2024 15:40:11
1801 N Federal Hwy, Hollywood, Florida 33020
$8,500,000
31,555 size sq.ft.
Listing ID #A11532876
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11532876
Price $8,500,000
Year Built 2022
Days on Market 269
Building Area 5,636
Status Active
Property SubType Retail
Lot Area 31,555 Sqft
List Date 2024-02-21
On Market Date 27/05/2023
MiamiInvestrealty
