2901 W 16th Ave, Hialeah, FL, 33012

2901 W 16th Ave, Hialeah, FL, 33012

18+ Years Remaining | Corporate Guaranteed (Fitch: BBB) | Scheduled Rental Increases | Options to Extend - 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 1030+ locations - 18 years remaining on an original 20-year ground lease with 9 (5-year) options to extend, demonstrating their long-term commitment to the site -The ground lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option.


Status:

Active

Type:

Commercial

Zoning:

6400

Est. Taxes:

$20,485

Days on Market:

127

MLS #:

A11536380


Community Info

School Info

Walk Score

Yelp



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