470 S Highway 29 - Storefront FOR SALE


Cantonment, FL 32533- Gonzalez-North NW Pensacola
$4,500,000 USD
850-418-2931
470 S Highway 29, Cantonment, FL for Sale
$4,500,000 USD
Storefront - FOR SALE
1/15
null | 6.88% Cap Rate

470 S Highway 29
Cantonment, FL 32533
Gonzalez-North NW Pensacola


HIGHLIGHTS

  • 35,000 Average Daily Traffic count with curb cuts!!
  • Long Term NNN Leases in place!!!
  • Outparcels can be added for more revenue!!!

OVERVIEW

An exceptional opportunity awaits at 470 S Highway 29 in Cantonment, FL! This strip center is situated within the bustling Cantonment area! With a strategic location offering 400 feet of frontage on Highway 29, a dedicated turn lane, 2 entrances and median cut!!! The property ensures high visibility and accessibility, attracting a substantial daily traffic count of approximately 37,000 vehicles. This center is 100% leased with leases being NNN and recently renewed!!!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

6.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cantonment Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

165

LAND DETAILS

LAND ACRES

3.98 AC

LAND SF

173,369 SF

ZONING

HC/LI

APN/PARCEL ID

14-1N-31-1005-003-001

ASK ABOUT THIS PROPERTY

Saki FiliosSalter Commercial LLCMore Info
850-418-2931

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Saki FiliosSalter Commercial LLCMore Info
850-418-2931

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