3199 W Hallandale Beach Blvd, Pembroke Park, 33009
Listing UP for Sale
3199 W Hallandale Beach Blvd, Pembroke Park, 33009
Overview
- Property Type
- Retail
- 104122
- Lot sqft
- 2023
- Year Built
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.
Address
Open on Google Maps- Address 3199 W Hallandale Beach Blvd
- City Pembroke Park
- State/county Florida
- Zip/Postal Code 33009
- Area Broward County
Details
Updated on March 11, 2024 at 2:31 pm- Property ID: A11511887
- Price: $8,333,000
- Land Area: 104122 sqft
- Year Built: 2023
- Property Type: Retail
- Property Status: Listing UP for Sale
Additional details
- Days On Market: 217
- Lot Size: 104122
Listing Agent Contact Information
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