Family Dollar I 203,000+ Population I Prime Market in FL
Retail | 6.50% CAP | 35,500 VPD
Marketing description
An exceptional investment opportunity - FAMILY DOLLAR located at 2401 West Fairfield Drive, Pensacola, Florida 32505. This prime corner store boasts incredibly high traffic counts of 35,500 vehicles per day and situated in a thriving area with a population exceeding 203,000 within a five-mile radius. Florida has no state income tax. 5 years remain on an initial 10 years lease term with multiple options to renew.
Investment highlights
2020 Construction
NN+ Lease with Minimal Landlord Responsibilities
Multiple Options to Renew
Corner Store with Explosive Traffic Counts - 35,500 VPD
Strong Demographics - 203,000+ Five Mile Population
Located nearby multiple national retailers, including McDonald’s, Whataburger, Ross Dress for Less, Walmart, Home Depot, and Lowe’s, among others
Pensacola FL is one of the strongest, most stable markets in the Southeast
Major employers in Pensacola include Naval Air Station Pensacola and ST Engineering Aviation
Florida has no state income tax
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