3199 W Hallandale Beach Blvd Pembroke Park, FL 33009
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyBroward
- Taxes$53,945
- HOA/Condo/Coop Fees$0
- Days on Site105 Days
- MLS StatusActive
- MLS ID NumberA11511887
- Home Size Source N/A
- Year Built2023
- Lot Size2.39 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 11
- Property Sub Type Retail
- Zoning B-1
- Property Condition New Construction
Exterior Features
- Waterfront Property No