3199 Hallandale Beach Blvd
Pembroke Park, FL 33009
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Description for 3199 Hallandale Beach Blvd, Pembroke Park, FL 33009
Brand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increasesrn- Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long term commitment to the sitern-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 950+ locationsrn-The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation. rn-Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises – NO landlord expenses.
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