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3199 W Hallandale Beach Blvd, Pembroke Park, FL – $8,333,000

  • $8.3M Price
  • 314 DOM
  • $8.3M Price
  • 314 DOM

3199 W Hallandale Beach Blvd

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.

Essential Information

  • MLS® #A11511887
  • Price$8,333,000
  • Bathrooms0.00
  • Year Built2023
  • TypeCommercial
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address3199 W Hallandale Beach Blvd
  • Area3080
  • CityPembroke Park
  • CountyBroward County
  • StateFL
  • Zip Code33009

Interior

  • # of Stories1
  • StoriesOne

Additional Information

  • Date ListedFebruary 12th, 2024

Listing Courtesy of

SRS Real Estate Partners-SoFlo LLC

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