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 ...
| Website: | https://www.nestseekers.com/3405015 |
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| Address: | 1801 N Federal Hwy Hollywood, FL 33020 |
| Ownership: | For Sale |
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| Pets: | Pets Allowed |
Financials
| Price: | $8,500,000 |
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| Annual Taxes: | $46,935 |
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.
Contact
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
| Courtesy of SRS Real Estate Partners-SoFlo LLC | |
