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SOLD!
NNN Wawa Ground Lease
Margate, Florida (Ft. Lauderdale)
Investment Highlights:
- 20-year corporate ground lease with rent increases
- 2-acre hard corner location at lighted intersection.
- 8% rent bumps every 5 years, starting LY11
- Major commercial corridor with combined 81,000vpd
- Adjacent to future Culver's Restaurant
Asking Price: $6,840,000
Cap Rate: 4.75%
For additional information, please contact
Stephen Bock:
O. 248.985.0337
Click here to view map.
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