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    Wawa Ground Lease For Sale Title is generated by Realmo AI

    3195 W Hallandale Beach Blvd, Hallandale, FL

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    20-year ground lease with options to extend.

    Type:LAND
    Lot size:
    2.37 Acres
    Added:
    Apr 24, 2024
    Days on Market:
    785
    Last Refresh:
    May 20 at 8:05 pm

    Property Features for 3195 W Hallandale Beach Blvd

    General Information

    Standard status
    Active
    Lot size
    2.37 Acres
    Property subtype
    LAND

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    Listing Contact
    Patrick Nutt

    Listing agent Patrick Nutt License #FL BK3120739

    Listing office SRS Real Estate Partners | Fort Lauderdale

    Listing date Apr 24, 2024

    Source Moodyscre

    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

    HighLights

    • Corporate guaranteed lease by Wawa, Inc. (Fitch: BBB), a nationally recognized brand.
    • Brand new 20‑year ground lease with 6 (5‑year) options to extend.
    • Scheduled rental increases throughout the initial term and each option to extend.
    • Wawa has over 950+ locations, demonstrating an established brand.
    • Ground lease increases NOI.
    • Ground lease hedges against inflation.

    Overview

    This property features a brand new 20-year ground lease with six 5-year options to extend. The lease is corporate guaranteed by Wawa, Inc., a nationally recognized convenience store and gas brand with over 950 locations and an investment grade rating (Fitch: BBB). The ground lease includes scheduled rental increases throughout the initial term and each option to extend.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hallandale
    County
    Broward
    State
    Florida
    Longitude
    -80.1725
    Latitude
    25.9851

    FAQs

    What type of property is this?
    Gas station - 20-year ground lease with options to extend.
    Where is this gas station located?
    The property is located at 3195 W Hallandale Beach Blvd Hallandale, FL.
    What is the asking price?
    The asking price for this property is $7,979,000.
    What are key features of this property?
    This property features: Corporate guaranteed lease by Wawa, Inc. (Fitch: BBB), a nationally recognized brand.; Brand new **20‑year ground lease with 6 (5‑year) options to extend.**; Scheduled rental increases throughout the initial term and each option to extend.
    (954) 703-3600 Call to check price and availability
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