3199 W Hallandale Beach Blvd, Pembroke Park, FL, 33009
2023
Brand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases - Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long term commitment to the site -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 950+ locations -The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation. -Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises - NO landlord expenses.
Status:
Active
Type:
Commercial
Zoning:
B-1
Est. Taxes:
$53,945
Days on Market:
217
MLS #:
A11511887
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Listing courtesy of SRS Real Estate Partners-SoFlo LLC Phone: 954-302-7365