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3199 W Hallandale Beach Blvd

Pembroke Park, FL 33009
  • $8,333,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: A11511887
$8,333,000
  • 0
    BEDS
  • 2.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2023
County:

School Ratings & Info

Description

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.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-04-21T11:05:46.747.
www.globalwiderealty.com/homes/147548429
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3199 W Hallandale Beach Blvd Pembroke Park, FL 33009

  • Price: $8,333,000
  • Status: Active
  • On Site: 68 Days
  • MLS #: A11511887
0
Beds
0
Baths
0
½ Baths
2.39
Acres
2023
Built
County:
Broward
Property Description
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.
Exterior Features

Inclusions Leases Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 5636 Stories 1

Property Features

Association YN No Building Name Wawa Business Type Convenience StoreOther Type Documents Available Aerial Photo(S) Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 11 Years Plus Lease Listing Terms All CashConventional/RefinanceExchange New Construction YN Yes Property Condition New Construction Property Sub Type Retail Public Survey Section 20 Special Listing Conditions Sale Structure Type Free Standing Tax Annual Amount 53945 Year Built Details New Construction Zoning B-1

Listing courtesy of SRS Real Estate Partners-SoFlo LLC: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-04-21T11:05:46.747.
 
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