3199 W Hallandale Beach Blvd, Pembroke Park

$8,333,000

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0 Bed
0 Bath
0 Acre
0 Garage

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.

Essential Information
MLS® #A11511887
Price$8,333,000
Bathrooms0.00
Acres0.00
Year Built2023
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address3199 W Hallandale Beach Blvd
Area3080
CityPembroke Park
CountyBroward County
StateFL
Zip Code33009
Interior
# of Stories1
StoriesOne
Additional Information
Date ListedFebruary 12th, 2024
Days on Market300
Listing Courtesy of

SRS Real Estate Partners-SoFlo LLC

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Eric Miller

Cell: 954-383-8170

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