5275 N Davis Hwy - Auto Repair FOR SALE


Pensacola, FL 32503- Southeast Pensacola
$2,750,000 USD
945-687-4691
5275 N Davis Hwy, Pensacola, FL for Sale
$2,750,000 USD
Auto Repair - FOR SALE
1/4
null | 6% Cap Rate

5275 N Davis Hwy
Pensacola, FL 32503
Southeast Pensacola


HIGHLIGHTS

  • Brand New 20 Year Absolute Triple Net Lease;
  • Proven Unit-Level Performance: Strong historical sales performance positioning the tenant for long term success at this location
  • Located at entrance of the ~930,000 SF Cordova Mall which includes Target, Lowe’s, Sam’s Club, Cordova Mall, Total Wine and more
  • Surrounded by Traffic Drivers: Pensacola International Airport (1.5 Miles East), Ascension Sacred Heart Pensacola 566-bed regional hospital
  • Rapidly Growing Tenant: Legacy Auto Group is one of the fastest-growing automotive franchise groups operating 36 locations across 11 states
  • Legacy Auto Group is recognized for a strong customer-first culture and high-volume sales, driving long-term stability and sustained success

OVERVIEW

Century Partners is pleased to offer Midas Auto Shop, secured by a 20-year absolute triple-net lease, providing investors with long-term, passive income. The property benefits from proven unit-level performance, with strong historical sales that position the tenant for sustained success at this location. Situated on an irreplaceable hard-corner site with approximately 65,000 vehicles passing daily, the asset offers exceptional visibility and access. Additionally, the tenant has made a significant capital contribution to the project, further aligning long-term interests and enhancing the strength of the investment (please contact the broker for additional details).

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$862 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MIDAS – 20-Year Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

C-1

APN/PARCEL ID

48-1S-30-3129-000-001

ASK ABOUT THIS PROPERTY

Ali UltraCentury Partners Real Estate Inc.More Info
945-687-4691

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Ali UltraCentury Partners Real Estate Inc.More Info
945-687-4691

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