2901 W 16th Ave
Hialeah
Florida
United States
33012

Hialeah, Florida, United States

MLS#: A11536380

$8,556,000 USD

Listed By SRS Real Estate Partners-SoFlo LLC

The Retail for Sale located at 2901 W 16th Ave Hialeah Florida 33012 is currently for Sale, 2901 W 16th Ave Hialeah Florida 33012 is listed for $8,556,000. If the property located at 2901 W 16th Ave Hialeah Florida 33012 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Hialeah .

The details

Property features

Date Updated: May 7, 2024

Construction details

Building condition
New Construction
Virtual Tour

Description

18+ Years Remaining | Corporate Guaranteed (Fitch: BBB) | Scheduled Rental Increases
| Options to Extend

- 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 1030+ locations
- 18 years remaining on an original 20-year ground lease with 9 (5-year) options to extend, demonstrating their long-term commitment to the site
-The ground lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option.

Location

2901 W 16th Ave
Hialeah
Florida
United States
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