Keller Williams Realty Gulf Coast
Listed by Keller Williams Realty Gulf Coast
$2,700,000
4825 Mobile Highway
Details
APN 152S304101000003
Property Type Retail
Sub Type Storefront
Square Footage 18,750
Cap Rate 8.81%
NOI $237,948
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 02/28/2027
Remaining Term 1
Pro-Forma Cap Rate 7.99%
Pro-Forma NOI $215,604
Price per SqFt $144
Class B
Year Built 2005
Buildings 1
Stories 1
Acreage 1.360
Zoning C-1 General Commercial
Parking Spaces 38 spaces
Parking Per SqFt 2.03
Lease Commencement 03/01/2026
Ground Lease No
Retail | 8.81% CAP | 18,750 SqFt
Marketing description
A former Badcock Home Furniture & More store for sale in Pensacola, Florida along busy US-90/Mobile Highway that sees 36,000 cars per day. The building is 18,750sf, with a 15,000 sf showroom and 2,800 sf warehouse. Built in 2005 it has always been a furniture store, but can offer limitless possibilities for any business.
Investment highlights
Listing Contacts
Keller Williams Realty Gulf Coast
Listed by Keller Williams Realty Gulf Coast
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$237,948.00
$19,829.00/mo
Valuation Metrics
0
DSCR
8.81%
Cap Rate
8.81%
ROI
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