2901 16th Ave
Hialeah, FL 33012
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Description for 2901 16th Ave, Hialeah, FL 33012
18+ Years Remaining | Corporate Guaranteed (Fitch: BBB) | Scheduled Rental Increases rn| Options to Extend rnrn- 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+ locationsrn- 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 rn-The ground lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option.
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