Corporate-Guaranteed Convenience Store Ground
For Sale
Contact for pricing
1891 N Federal Hwy, Hollywood, FL 33020
Wawa, Inc. corporately guarantees a long-term ground lease with scheduled rental increases and extension options.
Property Size5,636 SF
Price / SF$1,437
Days on Market920
Property Features for 1891 N Federal Hwy
General Information
Standard status
Active
Size
5,636 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Hollywood Lakes
Listing Agency:
SRS Real Estate Partners | Fort Lauderdale
(954) 703-3600
Listed By:
Patrick Nutt · License #FL BK3120739
(954) 302-7365
Source:
Moodyscre
Added: Apr 24, 2024
Changed: Oct 28
Last Checked: Oct 28 at 12:35PM
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 SRS Real Estate Partners | Fort Lauderdale
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Investment Insights
Based on property information with market context.
This offering is a ground lease featuring an 18+ year remaining term, along with six (5-year) options to extend, reflecting a long-term commitment to the site. The lease includes scheduled rental increases throughout the term.
The tenant under the lease is corporately guaranteed by Wawa, Inc., which is identified as investment grade (Fitch: BBB). The property is described as part of an established convenience store and gas brand with over 1,040 locations.
The lease structure also includes the extension options referenced above, designed to carry the agreement forward beyond the initial term while maintaining the scheduled rental increase framework.
The tenant under the lease is corporately guaranteed by Wawa, Inc., which is identified as investment grade (Fitch: BBB). The property is described as part of an established convenience store and gas brand with over 1,040 locations.
The lease structure also includes the extension options referenced above, designed to carry the agreement forward beyond the initial term while maintaining the scheduled rental increase framework.
Key Highlights
- Wawa, Inc. corporately guarantees the long‑term ground lease.
- Fitch: BBB investment grade corporate guarantor, with national convenience store and gas operations.
- Lease includes 18+ years remaining and 6 (5‑year) options to extend.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Wawa, Inc. corporately guarantees a long-term ground lease with scheduled rental increases and extension options.
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: Wawa, Inc. corporately guarantees the long‑term ground lease.; Fitch: BBB investment grade corporate guarantor, with national convenience store and gas operations.; Lease includes 18+ years remaining and 6 (5‑year) options to extend.
