MLS # :A11536380 |
Price :$8,556,000 |
Status :
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Listing Date :Oct 16, 2023 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built : |
Taxes :$20,485 Per Year |
Waterfront :No |
Virtual Tour : |
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Remarks :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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Call: 305-998-9922
Sunny Realty
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