8969 Pensacola Blvd - Auto Repair FOR SALE


Pensacola, FL 32534- Ensley
$2,065,000 USD
916-995-3298
8969 Pensacola Blvd, Pensacola, FL for Sale
$2,065,000 USD
Auto Repair - FOR SALE
1/3
null | 6% Cap Rate

8969 Pensacola Blvd
Pensacola, FL 32534
Ensley


HIGHLIGHTS

  • Brand-new 20-year absolute NNN Midas with 42K+ VPD on the prime US-29 corridor, offering strong visibility and long-term stability.
  • Across from 220,000 SF Walmart Supercenter in the US-29 retail corridor, surrounded by national anchors and complementary auto service tenants.
  • Rapidly Growing Tenant: Legacy Auto Group is one of the fastest-growing automotive franchise groups in the country.
  • Legacy Auto Group is recognized for a strong customer-first culture and high-volume sales, driving long-term stability and sustained success.
  • Midas: Established international auto care brand with 2,000+ locations worldwide.

OVERVIEW

This investment features a brand-new 20-year absolute NNN lease, offering stable, passive income with no landlord responsibilities. The property is in an irreplaceable location along US-29 between US-90 and I-10, with 42,000+ vehicles per day and a newly renovated Midas building built for long-term occupancy. It sits across from a 220,000 SF Walmart Supercenter in the US-29 retail corridor, surrounded by major national anchors and complementary auto service tenants. The tenant, Legacy Auto Group, a fast-growing automotive franchise with 36 locations across 11 states, brings strong operational stability and a customer-first, high-volume sales model.

FOR SALE DETAILS

PRICE

$2,065,000 USD

PRICE/SF

$377 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midas - 20 Year Sale Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

HC/LI

APN/PARCEL ID

11-1S-30-1101-007-330

ASK ABOUT THIS PROPERTY

Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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