Retail Unit for Sale - Available Immediately

Highlights

  • Brand new 20 year lease with Wawa, Inc.
  • Prime South Florida location
  • Hard corner signalized intersection with tremendous traffic and population density - over 448k people within 5 miles
  • Huge daytime population with over 35k employees within 1 mile and over 178k within 3 miles
  • Less than a ½ mile from Trump National Doral Miami golf resort (800 acres)
  • Just over 2 miles from Miami International Airport
  • Major employers in the immediate area include Carnival Cruise Lines, Univision, Miami Dade Police Dept HQ, Miami Dade Fire & Rescue HQ, Leon Medical Centers, Miami Herald, The Federal Reserve Bank of Atlanta, U.S. Department of Defense (SOUTHCOM) and Pepsi Co.
  • Doral is among one of the best places to live in the United States per Money Magazine and tremendous growth in the area continues
  • No landlord management obligations
  • Fixed rental increases throughout entire lease
  • No debt to assume
  • Florida has NO STATE INCOME TAX

Overview

CBRE is pleased to present this brand new 20 year Wawa deal located in Doral, Florida. Located in the Miami area of Florida, Doral is one of the most desirable communities in South Florida and experiencing tremendous growth. The property is ideally positioned at the hard corner signalized intersection of NW 87th Ave. and NW 33rd Street which carries over 50,000 cars daily at the intersection. Doral is ranked by Money Magazine as one of the best places to live in the United States. This is new construction and a new 20 year lease with Wawa, Inc. Rent has recently commenced and the store had its grand opening on March 5, 2020. The lease provides for fixed rental increases throughout the entire term, including options and requires no landlord management obligations.
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Location Description

The underlying land for this property has significant intrinsic value as the current zoning, Industrial Commercial District (IC), City of Doral, allows for potential future higher density development for a variety of uses including professional & medical office, residential and hotel. Conservative estimates indicate the potential for developing 7-stories and 135,900 square feet (plus structured parking).

Sizes and Measurements

Total Space Available

6,119 sqft

Pricing Information

FOR SALE

$11,015,000

Floorplan

Site Plan.JPG

Photos

Grand opening image 1.jpeg
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