2901 W 16th Ave, Hialeah, FL 33012 - Vivian Serralta

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CommercialFor Sale

$8,556,000

2901 W 16th Ave

Hialeah, FL 33012

Courtesy of SRS Real Estate Partners-SoFlo LLC

MLS: MIAMI Association of REALTORS

Est. Mortgage

$44,265/mo

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.

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Information courtesy of SRS Real Estate Partners-SoFlo LLC is subject to verification and is not guaranteed.

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© 2024 MIAMI Association of REALTORS® (MAOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's in the MIAMI Association of REALTORS® cooperative agreement: Broward, Palm Beaches & St. Lucie REALTORS® and the Miami Association of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Information is deemed reliable but not guaranteed. Data last updated: 05/02/2024 05:36 PM

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