1801 Federal Hwy, MLS # A11532876, Hollywood Commercial For Sale | InCom Real Estate - Sample Office
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1801 N Federal Hwy , Hollywood, 33020
1801 Federal Hwy presented by :
InCom Real Estate - Sample Office
Brokered By: SRS Real Estate Partners-SoFlo LLC
Price :
$8,500,000.00
Price: | 8,500,000.00 |
Type: | convenience store |
Lot Square Feet: | 31555 |
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.