2018 W St
Pensacola, FL 32505
South Pensacola
HIGHLIGHTS
- NATIONAL TENANT & STRONG OPERATOR – Classic Collision is a well-established and rapidly growing national collision repair brand
- LONG-TERM NNN LEASE WITH BUILT-IN RENT GROWTH – The property features a ±7.5-year remaining term on a Triple Net (NNN) lease
- STRATEGIC LOCATION IN A GROWING MARKET – Pensacola is a growing metro in Florida with a strong local economy driven by tourism
- LARGE SITE & VALUABLE REAL ESTATE – The ±28,382 SF building sits on a generous ±2.09-acre lot, offering a low building-to-land ratio
- LOW RENT PER SF – Sitting at $5.50/SF, in our opinion, the rent at this location is far below the average rent/sf
FOR SALE DETAILS
PRICE
$2,761,062 USD
PRICE/SF
$104 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CLASSIC COLLISION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
17-2S-30-1300-016-040
ASK ABOUT THIS PROPERTY
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858-351-4196
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858-351-4196
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