About 1801 N Federal Hwy
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.
Features of 1801 N Federal Hwy
| MLS® # | A11532876 |
|---|---|
| Price | $8,500,000 |
| Year Built | 2022 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1801 N Federal Hwy |
|---|---|
| Area | 3030 |
| City | Hollywood |
| County | Broward County |
| State | FL |
| Zip Code | 33020-2827 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | February 20th, 2024 |
|---|---|
| Days on Market | 356 |
| Zoning Description | FH-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Year Built Details | New Construction |
| Tax Annual Amount | $46,935 |
| Buyer Agent Compensation | 1.50% |
Listing Details
| Office | SRS Real Estate Partners-SoFlo LLC |
|---|