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2901 W 16th Ave, Hialeah FL 33012

Commercial For Sale
$8,556,000

BTC: 138.71543605

ETH: 2,555.60898824

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

Overview

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.

Location

Florida • Hialeah • 33012 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
58202 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 58202 Square Feet

    Other Property Information

    • Parcel Number: 04-30-11-051-0030

    • Zoning: 6400

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $20,485

  • Source details

    • MLS ID: A11536380

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SRS Real Estate Partners-SoFlo LLC