Hollywood, FL - Wawa

Description:

• 18+ Years remaining with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• 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 1,040+ locations
• The ground lease features scheduled rental increases throughout the term and options to extend, increasing NOI and hedging against inflation

• Wawa is strategically located at the signalized, hard corner intersection of US 1/N. Federal Hwy and Harding Street
• US 1/N. Federal Hwy is a dominant thoroughfare that serves the entire East Coast of Florida
• Subject property is less than two miles East of Interstate 95 (222,000 VPD)
• Directly across from S. Broward High School (2,300+ students), providing a direct consumer base
• The asset benefits from significant street frontage and multiple points of access, providing ease and convenience for customers