1801 N Federal Hwy Hollywood FL 33020
Federal Hwy, Hollywood,
$8,500,000
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Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Retail
- Status: Active
- Bathrooms: 0
- Year built: 2022
- MLS ID: A11532876
Description
-
Description:
Brand new 20-Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rent Increases
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- 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.
Property details
- Total Building Area: 5636
- Lot Size Square Feet: 31555
- Parcel Number: 514210540010
- Lot Size Area: 31555
- Structure Type: Other
Property Features
- Covered Spaces: 0
Location Details
- County Or Parish: Broward County
- Zoning Description: FH-2
Fees & Taxes
- Tax Annual Amount: 46935
- Tax Legal Description: HARDING PLAZA 137-42 B PARCEL A LESS AND EXC POR PAR A DESC AS, COMM SW COR OF SAID PAR A AKA E R/W/L OF US HWY NO.1, N 94.32 TO POB,CONT N
Miscellaneous
- Public Survey Section: 10
- Year Built Details: New Construction
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11532876
Ask our real estate expert about this property
This Retail-type commercial real estate is located in Federal Hwy, Hollywood, was built in 2022, and is listed at $8,500,000.