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Wawa Ground Lease - 9926 Lyons Road, Boynton Beach, FL

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $9,500,000

  • 5,000

  • 3.95%

  • NOI :

  • Acres :

  • $375,000

  • 7.72

  • Property Type :

  • Property Status :

  • Net Lease

  • Available

Investment Highlights

  • 17.5 Years Remaining on Original 20-Year NNN Ground Lease
  • Zero Landlord Responsibilities
  • 7% Rent Increases Every 5 Years Starting in Year 11
  • Fitch BBB Credit Rating
  • 6-5 Year Renewal Options
  • Outparcel to Cobblestone Commons, a Winn-Dixie and PetSmart Anchored Shopping Center
  • South of West Palm Beach and Located Just North of Delray Beach and Boca Raton
  • Nearby National Retailers Include Chase Bank, Starbucks, and Chick-Fil-A
  • Tremendous Demographics with an Average Annual Household Income Over $194,000 Within 1 Mile of the Property

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