3300 NW 87th Ave
Doral, FL 33172
NEW 20-Year Wawa | Prime S. Florida Location · Retail Property For Sale

CBRE is pleased to present this brand new 20 year Wawa deal located in Doral, Florida. Located in the Miami area of Florida, Doral isone 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 just opened on March 5, 2020. The lease provides for fixed rental increases throughout the entire term, including options and requires no landlord management obligations. 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).