3199 W Hallandale Beach Blvd Pembroke Park, FL $ 8,333,000
3199 W Hallandale Beach Blvd
$ 8,333,000
New Construction
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3199 W Hallandale Beach Blvd

Pembroke Park, FL, 33009
$ 8,333,000
Baths0.0 Sq 5,636

Monthly Estimate*

$ 55,384

3199 W Hallandale Beach Blvd, Pembroke Park, FL 33009 - Image 1
3199 W Hallandale Beach Blvd, Pembroke Park, FL 33009 - Image 2
Studio

Commercial Property for sale in Pembroke Park, FL

for $8,333,000. This 5,636 square foot building was built in 2023 on a lot size of 2.39031.

Brand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases - Brand new 20-year ground lease 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 950+ locations -The ground lease features scheduled rental increases throughout the initial term and each option to extend, increasing NOI and hedging against inflation. -Tenant Pays for CAm, Taxes, insurance and maintains all aspects of the presmises - NO landlord expenses.

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Commercial Active

Price

$ 8,333,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 53,945

Style

Retail

Lot Size

2.39031

Year Built

2023

Town/City

Pembroke Park

County/Region

Broward

MLS | Web ID

A11511887

Features
General
Year Built 2023
Stories 1
Levels One
Property SubType Retail
Building Name Wawa
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Pembroke Park
View Y/N N
Senior Community Y/N N
Zoning Description B-1
MLS Area 3080
Lot Size Square Feet 104122.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hallandale Beach Blvd
Listing Terms Cash Conventional Item1031Exchange Other
Property Attached Y/N N
Year Built Details New Construction
Land Lease Y/N N
Tax Annual Amount 53945.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Hollywood Central (3070-3100)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 217
Structure Type Other
Standard Status Active
Occupancy Type Tenant
Legal Description SENECA PLAT 165-9 B PORTION PARCEL B DESC AS COMM AT SW COR PAR B N 10 E 280.03 N 12 E 261.14 TO POB NE 130 E 177.04 NW 333.94 SW 312.90 S
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Exterior
Lot Size Area 104122.0
Number of Buildings 1
Spa N
Building Area Total 5636.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 3199
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* Excluded Features
List By
Srs Real Estate Partners-Soflo Llc

Broker

patrick.nutt@srsre.com

Email

Affordability Calculator

$59,879
Per Month
92%
8%
0%
Monthly Principal & Interest
$55,384
Monthly Property Taxes
$4,495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2024$8,333,000 Listed Price

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3199 W Hallandale Beach Blvd, Pembroke Park, FL, 33009 is a Commercial Property for sale at $8,333,000 with 5,636 sqft and a lot size of 2.39031. 3199 W Hallandale Beach Blvd is a studio with 0.0 baths and was built in 2023. The property's zip code is 33009 which is in Pembroke Park, FL