3199 W Hallandale Beach Blvd, Pembroke Park, FL, 33009

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


Community Info

School Info

Walk Score

Yelp



Listing courtesy of SRS Real Estate Partners-SoFlo LLC Phone: 954-302-7365