Hollywood, FL - Trinity Petroleum

Description:

• The tenant has 21+ years remaining on their lease
• 2% annual rental increases throughout the initial term and CPI annual increases throughout options to extend, increasing NOI and hedging against inflation
• The lease is guaranteed by Trinity Petro LLC, an experienced gas station operator
• The lease includes 2 (10-year) options to extend, demonstrating their long-term commitment to the site

• Subject property is strategically located at the signalized, hard corner intersection of N. Palm Avenue and Stirling Road, averaging a combined 57,000 VPD
• Westar is positioned near Cooper City High School, which has more than 2,300 students
• More than 125,000 households within a 5-mile radius, providing a direct residential consumer base from which to pull from
• Surrounding new development includes Cooper Square Plaza, a 41,000 SF boutique shopping mall with 7 separate buildings
• The asset benefits from significant street frontage and multiple points of ingress/egress, providing convenience and ease for customers