3300 NW 8th Avenue Miami, FL 33172

Listing agency The Jonna Group at Colliers International r***@colliers.com Show Phone

Listed by Simon Jonna · License #MI 6501357188

Source Crexi

Added: Apr 10 Updated: Jul 23 at 12:00AM Checked: Jul 23 at 12:00AM

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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.

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FAQs

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.