3199 W Hallandale Beach Blvd, Pembroke Park, Florida, 33009
$8,333,000
Commercial
5,636 Sqft
Withdrawn
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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.
Street Address: 3199 W Hallandale Beach Blvd City: Pembroke Park State: Florida Postal Code: 33009 County: Broward County MLS Number: A11511887 Year Built: 2023 Courtesy of SRS Real Estate Partners-SoFlo LLC