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Wawa Ground Lease Convenience Store
For Sale
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3300 NW 8th Avenue, Miami, FL 33172

Brand new 2020 Wawa prototype offered under a corporate-backed 20-year NNN ground lease with scheduled escalations.

Property SizeContact for details
Days on Market127

Property Features for 3300 NW 8th Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2020
Tenancy Single
Listing Agency: The Jonna Group at Colliers International
Listed By: Simon Jonna · License #MI 6501357188
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:00AM

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 The Jonna Group at Colliers International

Investment Insights

Based on property information with market context.

A brand new 2020 construction, build-to-specification prototype Wawa convenience/grocery store is offered for sale. The property is leased under a corporate-backed 20-year NNN ground lease with rent escalations of 7% every five years after year 10, followed by four (4) subsequent five-year renewal options.

The property is located at 3300 NW 8th Avenue in Miami, Florida, approximately one mile from Miami International Airport and minutes from Downtown Miami.

This is an NNN ground lease investment featuring a long-term, corporate-backed tenant with contractual rent growth after year 10 and extended renewal periods.

Key Highlights

  • Brand new 2020 Wawa build‑to‑specification prototype (ground lease asset) in Doral, Miami, Florida.
  • Corporate‑backed 20‑year NNN ground lease with 7% rent escalations every five years after year 10.
  • Includes four (4) 5‑year renewal options under the corporate‑backed NNN ground lease structure.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,070
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33172, FL

43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Similar Off Market Nearby

  • Presidente Supermarket # 31 3001 NW 17th Ave, Miami, FL 33142
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  • Embutidos El Fanguito 1423 NW 23rd St, Miami, FL 33142
  • elizabeth market 1386 NW 29th St, Miami, FL 33142
  • La Guardia Produce 1403 NW 23rd St, Miami, FL 33142

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Brand new 2020 Wawa prototype offered under a corporate-backed 20-year NNN ground lease with scheduled escalations.
Where is this grocery and convenience store located?
The property is located at 3300 NW 8th Avenue Miami, FL.
What are key features of this property?
This property features: Brand new 2020 Wawa build‑to‑specification prototype (ground lease asset) in Doral, Miami, Florida.; Corporate‑backed 20‑year NNN ground lease with 7% rent escalations every five years after year 10.; Includes four (4) 5‑year renewal options under the corporate‑backed NNN ground lease structure.
(248) 226-1611 Call to check price and availability
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