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31113797
31113798

1891 N Federal Hwy, Hollywood, FL 33020

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
CB
FL FL SL3390950
SRS Real Estate Partners South Florida
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
$8,100,000
101 days on market
Updated 11 days ago

Wawa - Fort Lauderdale MSA

Details
APN 51-42-10-54-0010
Property Type Retail
Sub Type Convenience Store, Gas Station
Net Rentable (SqFt) 5,636
Cap Rate 4.51%
NOI $365,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+1)
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 07/30/2042
Remaining Term 16.1
Rent Bumps Yes
Lease Options 6 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2023
Buildings 1
Stories 1
Acreage 1.370
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/16/2022
Ground Lease Yes
Ownership Leased Fee
Sale Condition 1031 exchange

Absolute NNN (Ground Lease) | Top Performing Location: 91st Percentile Nationwide via Placer.ai

Investment highlights

16+ Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases

  • 16+ 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

Signalized, Hard Corner Intersection | US 1 / N. Federal Hwy | Near Interstate 95 | S. Broward High School (2,300+ Students)

  • 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

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
CB
FL FL SL3390950
SRS Real Estate Partners South Florida
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$365,000.00
$30,416.67/mo

Valuation Metrics

0
DSCR
4.51%
Cap Rate
4.51%
ROI

Map

Zoning

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FH-2 MixedMixed UseFederal Highway Medium High Intensity Mixed Use District
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
Name
Connor Barton
License
FL SL3390950
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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