2901 W 16th Ave
Hialeah, FL 33012
$8,556,000
Active
5+
$8,556,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
62
DOM
2901 W 16th Ave
Hialeah, FL 33012
Beds, Baths, Retail Sq.Ft.
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.
Listing Summary
- Address 2901 W 16th Ave
- City Hialeah
- County Miami-Dade County
- Zip 33012
- Price $8,556,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11536380
- Property Type Commercial Sale
- Property Sub TypeRetail
- Status Active
- Square Feet
- Year Built
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $20,485
- Tax Year
Similar Properties
The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11536380) is provided courtesy of (SRS Real Estate Partners-SoFlo LLC). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-27-2024. IDX powered by Realty Net Media
Work With Us
10+
Years
Years
Combined Industry Experience - Put Our Expertise to Work for You
Market
Knowledge
Knowledge
Extensive Market Knowledge is the Key to Our Success
Expert
Guidance
Guidance
We Make Even the Most Complicated Transactions Run Smoothly
EN
ES
FR
IT
PT
RU
GER
CN
