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Wawa - Hollywood FL (Fort Lauderdale MSA) 1891 N Federal Hwy

5,636 SF 4-Star Retail Building Hollywood, FL 33020 £6,337,845 (£1,125/SF) 4.51% Net Initial Yield

Investment Highlights

  • Absolute NNN Ground Lease | Land Ownership | Zero Landlord Responsibilities | No State Income Tax
  • 18+ Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases
  • Signalized, Hard Corner Intersection | US 1 / N. Federal Hwy | Near Interstate 95 | S. Broward High School (2,300+ Students)

Executive Summary

Signalized, Hard Corner Intersection | Population Count Exceeds 275,000 (5-Mile)

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Service Station
Building Size
5,636 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
£6,337,845
Price Per SF
£1,125
Net Initial Yield
4.51%
NOI
£285,985
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
1.37 AC
Zoning
C-2 - General Commercial
Frontage
316 ft on North 17th Court

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalised Intersection
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Wawa, Inc., a privately held company, began in 1803 as an iron foundry in New Jersey. Toward the end of the 19th Century, owner George Wood took an interest in dairy farming and the family began a small processing plant in Wawa, PA in 1902. The milk business was a huge success, due to its quality, cleanliness and “certified” process. As home delivery of milk declined in the early 1960s, Grahame Wood, George’s grandson, opened the first Wawa Food Market in 1964 as an outlet for dairy products. Today, Wawa is your all day, every day stop for freshly prepared foods, beverages, coffee, fuel services and surcharge-free ATMs. Wawa stores are located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Florida and Washington, D.C. The stores offer a large fresh foodservice selection, including Wawa brands such as custom prepared hoagies, freshly-brewed coffee, hot breakfast sandwiches, specialty beverages and an assortment of soups, sides and snacks.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Miami Subs Grill
Publix
Starbucks
Checkers
Regions Bank
Walmart Neighborhood Market
Wells Fargo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-10-54-0010
Land Assessment
£444,424
Improvements Assessment
£1,145,655
Total Assessment
£1,608,944
  • Listing ID: 30841032

  • Date on Market: 01/02/2024

  • Last Updated:

  • Address: 1891 N Federal Hwy, Hollywood, FL 33020

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