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2000 N State Road 7
Margate, FL 33063

$7,647,059 USD

Freestanding For Sale  •  5,943 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,943 SF
  • Lot Size 1.92 AC
  • Building Class B
  • Year Built 2018
  • Cap Rate 4.25 %
  • Tenancy Single
  • Zoning B-2
40 Transit Score
59 Walk Score

Highlights

Absolute Triple Net (NNN) Ground Lease Providing For No Landlord Responsibility
The Lease is Corporately Guaranteed By Wawa, Inc., a Nationally Recognized, Investment-Grade (Fitch: BBB)
8% Rental Escalations Every 5 Years (Starting in Year 11)
Hard Corner Location at the Signalized Intersection of HWY 441 (52,212 VPD) and West Copans Road (39,275 VPD)
1.92 Acres of Prime Real Estate
Florida is an Income Tax-Free State
Cap Rate: 4.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Wawa 5,943 SF 1/31/2038

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.9 mi
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 7.2 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 30 min - 20.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Jacob Mahon 843-517-8165 Sands Investment Group
Jacob Mahon 843-517-8165 Sands Investment Group