10200 Sorrento Rd - Retail FOR SALE


Pensacola, FL 32507- Outer Southwest Pensacola
$2,100,000 USD
415-852-5177
10200 Sorrento Rd, Pensacola, FL for Sale
$2,100,000 USD
Retail - FOR SALE
1/7
null | 5% Cap Rate

10200 Sorrento Rd
Pensacola, FL 32507
Outer Southwest Pensacola


HIGHLIGHTS

  • New 20-year absolute NNN ground lease to Take 5 Oil Change, a rapidly growing automotive services provider in the U.S.
  • Rare 3% annual rental increases in initial term and option periods, ensuring consistent income growth.
  • Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
  • Take 5 Oil Change added over 100 new franchise locations in 2024, nearly doubling its franchise footprint in just two years.
  • The brand climbed to #27 on Entrepreneur’s list of fastest-growing franchises, reflecting its rapid expansion and strong market presence
  • Take 5 Oil Change reported a 9.2% increase in same-store sales for Q4 2024, marking 18 consecutive quarters of positive growth

OVERVIEW

This premier Take 5 Oil Change site offers exceptional visibility and accessibility at the signalized intersection of Sorrento Road and South Blue Angel Parkway, a high-traffic corridor with more than 42,000 vehicles per day. The property benefits from a strong and rapidly expanding tenant, as Take 5 Oil Change nearly doubled its franchise footprint in just two years by adding over 100 new locations in 2024. The surrounding demographics are highly favorable, with a five-mile population of nearly 44,000 and an average household income of $122,798 within three miles. Positioned only five miles from the National Naval Aviation Museum—one of the Gulf Coast’s top attractions drawing approximately 750,000 visitors annually—the location enjoys steady consumer activity and tourism traffic. The absolute NNN ground lease offers zero landlord management responsibilities, with the tenant fully responsible for maintenance, roof, structure, and parking areas. Coupled with projected income growth across the immediate trade area, this property presents a stable investment opportunity within a growing Pensacola market.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$1,230 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

COM,LDR

APN/PARCEL ID

05-3S-31-1500-001-001

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.