For Sale
1801 N Federal Hwy, Hollywood, FL 33020
Overview
Property ID: HZ16895858
- CommercialSale
- 5636.0
- 2022
Description
Brand new 20-Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rent Increases
– Brand New 20-year 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 900+ locations.
– The ground lease features scheduled rental increase throughout the term and options to extend, increasing the NOI and hedging against inflation.
Address
Open on Google Maps- Address 1801 N Federal Hwy
- City Hollywood
- State/county FL
- Zip/Postal Code 33020
- Country United States
Details
Updated on March 6, 2024 at 7:11 pm- Property ID: HZ16895858
- Price: $8,500,000
- Property Size: 5636.0 Sqft
- Land Area: 31555.0 Sqft
- Year Built: 2022
- Property Type: CommercialSale
- Property Status: For Sale
- MLS#: A11532876
- Office Name: SRS REAL ESTATE PARTNERS-SOFLO LLC
- Agent Name: Patrick Nutt
- MLS Status: Active
Additional details
- Tax Annual: 46935
- County: Broward County
- Property SubType: Retail
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