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3199 W Hallandale Beach Blvd, Pembroke Park FL 33009

Commercial For Sale
$8,333,000

BTC: 129.19179548

ETH: 2,651.19579016

83 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2023
Lot:
104122 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 104122 Square Feet

    Other Property Information

    • Parcel Number: 514220170073

    • Zoning: B-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $53,945

  • Source details

    • MLS ID: A11511887

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