Wawa NNN Ground
For Sale
Contact for pricing
106 S State Rd 7, Hollywood, FL 33023
Single-tenant ground lease with scheduled rent increases and a new Wawa location.
Property SizeContact for details
Lot Size2.36 Acres
Days on Market141
Property Features for 106 S State Rd 7
General Information
Standard status
Active
Lot size
2.36 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Atlanta
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 10:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta
Investment Insights
Based on property information with market context.
This offering consists of a single-tenant Wawa ground lease structured on an absolute NNN basis. The 20-year lease began in November 2022 and includes 7% rent increases every five years beginning in year 11. The planned store opening is January 2024, creating a newly developed convenience-store use within the lease term.
The property encompasses 2.36 acres at 106 S State Rd 7 in Hollywood, Florida, within the South Florida MSA. It represents Wawa’s first location in Hollywood, while another Wawa is located within 3 miles. The site’s address places the asset along State Road 7 in an established South Florida market.
The property encompasses 2.36 acres at 106 S State Rd 7 in Hollywood, Florida, within the South Florida MSA. It represents Wawa’s first location in Hollywood, while another Wawa is located within 3 miles. The site’s address places the asset along State Road 7 in an established South Florida market.
Key Highlights
- 2.36‑acre Wawa ground lease in Hollywood, FL
- 20‑year absolute NNN lease commenced in November 2022
- 7% rent increases every 5 years beginning in year 11
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant ground lease with scheduled rent increases and a new Wawa location.
Where is this nnn property located?
The property is located at 106 S State Rd 7 Hollywood, FL.
What are key features of this property?
This property features: 2.36‑acre Wawa ground lease in Hollywood, FL; 20‑year absolute NNN lease commenced in November 2022; 7% rent increases every 5 years beginning in year 11
