Hollywood, FL

1801 N Federal Hwy, Hollywood FL 33020

$8,500,000

Key Details

Status
Active
Property Type
Retail
Year Built
2022

Overview

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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