2901 W 16th Ave, Hialeah, 33012
Buy
2901 W 16th Ave, Hialeah, 33012
Quick Details
MLS #: A11536380
- Property Type
- Retail
- 58202
- Lot sqft
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.
Address
Open on Google Maps- Address 2901 W 16th Ave
- City Hialeah
- State/county Florida
- Zip/Postal Code 33012
- Area Miami-dade County
Details
- MLS #: A11536380
- Price: $8,556,000
- Land Area: 58202 sqft
- Property Type: Retail
- Property Status: Buy
Listed by Patrick Nutt · SRS Real Estate Partners-SoFlo LLC
- Updated on June 3, 2024 at 10:49 pm
Ask a Miami Realty Solution Agent a Question
View ListingsFor more information about this Retail for Buy currently listed for $8556000 located in 2901 W 16th Ave Hialeah, Florida 33012 please call our real estate office at 1-(305) 728-0840
© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
