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    1891 N Federal Hwy Hollywood, FL 33020

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    For Sale
    $8,100,000

    Wawa ground lease with corporate guarantee and rental increases.

    Property size:
    5,636 SF
    Lot size:
    1.38 Acres

    Property Features for 1891 N Federal Hwy

    General Information

    Size
    5,636 SF
    Lot size
    1.38 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood, FL Wawa Ground Lease

    This property is subject to a ground lease with over 18 years remaining, along with six 5-year options to extend, indicating a long-term commitment to the location. The lease is corporate guaranteed by Wawa, Inc., a nationally recognized convenience store and gas brand with over 1,040 locations and an investment grade credit rating (Fitch: BBB). The ground lease includes scheduled rental increases throughout the term and options to extend, which increases net operating income and hedges against inflation. The property is located in Hollywood, FL.
    Location Intelligence

    Current Use by Public Records

    BLOCKBUSTER Video Store Kritter Sitters Services Pet Sitter Apex Air Duct ... Hvac Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1414251
    Latitude
    26.0292087

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    FAQs

    What type of property is this?
    Gas station - Wawa ground lease with corporate guarantee and rental increases.
    Where is this gas station located?
    The property is located at 1891 N Federal Hwy Hollywood, FL.
    What is the asking price?
    The asking price for this property is $8,100,000.
    What are key features of this property?
    This property features: - Corporate guaranteed lease by Wawa, Inc. (Fitch: BBB), a nationally recognized brand.; - 18+ years remaining on the lease with 6 (5-year) options to extend.; - Scheduled rental increases throughout the lease term and option periods.
    (954) 703-3600
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    1891 N Federal Hwy Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1891 N Federal Hwy Hollywood, FL 33020
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