Commercial Real Estate Property For Sale In Hollywood

1801 Federal Hwy Hollywood, FL 33020
 Directions

$8,500,000

  • 2022 Year Built
  • May 27, 2023 Listing Date

MLS #

:

A11532876

Price

:

$8,500,000

Status

:

Listing Date

:

May 27, 2023

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

2022

Taxes

:

$46,935 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

Brand new 20-Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rent Increases - Brand New 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site - The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 900+ locations. - The ground lease features scheduled rental increase throughout the term and options to extend, increasing the NOI and hedging against inflation.

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