4735 Mobile Hwy - Retail FOR SALE


Pensacola, FL 32506- Outer Southwest Pensacola
$3,375,000 USD
480-221-4221
4735 Mobile Hwy, Pensacola, FL for Sale
$3,375,000 USD
Retail - FOR SALE
1/7
null | 4% Cap Rate

4735 Mobile Hwy
Pensacola, FL 32506
Outer Southwest Pensacola


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Brand New Construction | Established Brand
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Along Mobile Hwy | Across from Walmart Supercenter | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Direct Consumer Base

OVERVIEW

• The tenant just recently signed a brand new 15-year lease with 10 (5-year) options to extend, demonstrating their commitment to the site • The lease features 8% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation • The newly constructed site will feature a state-of-the-art design with high-quality materials

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/SF

$964 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | New 15yr Corp Abs NNN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

General Commercial

APN/PARCEL ID

14-2S-30-8001-015-001

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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