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29468468
29468470

8214 Lillian Hwy, Pensacola, FL 32506 For Sale

SS
MI 6501385089
Exclusive Realty
SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$1,821,808
69 days on market
Updated 69 days ago

Dollar General, Pensacola, FL

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Units 1
Cap Rate 6.25%
NOI $113,863
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 14.9
Lease Expiration 11/30/2034
Remaining Term 8.4
Rent Bumps Yes
Lease Options 4 (5) Year Options
Price per SqFt $200
Year Built 2019
Buildings 1
Stories 1
Acreage 1.000
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/31/2019
Ground Lease No

Retail | 6.25% CAP | 9,100 SqFt

Marketing description

Exclusive Realty is proud to present a NNN Dollar General located on Lillian Highway in Pensacola, Florida, offering a dependable investment opportunity backed by a strong national tenant. This property operates under a long-term triple net lease, providing investors with stable income and minimal landlord responsibilities. Pensacola is a thriving Gulf Coast city known for its strong military presence, tourism industry, and expanding residential and commercial base. The property benefits from its prime location along Lillian Highway, a major commuter and retail corridor with excellent visibility and access to surrounding neighborhoods and regional traffic routes.

Investment highlights

  • 15-Year NNN Lease – Zero landlord responsibilities; tenant handles all expenses including taxes, insurance, and maintenance

  • Corporate Guarantee – Backed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with over 19,000 locations nationwide

  • Florida is a No Income Tax State

  • Over 103K Resident within a 5 Mile Radius

  • High-traffic location on Lillian Hwy with strong local visibility and over 15K Vehicles Per Day

  • Located in a growing Pensacola retail and residential corridor

  • Close proximity to schools, parks, and major employers including NAS Pensacola

  • Essential retail tenant providing consistent, recession-resistant income

  • Reliable, low-maintenance investment with a proven national brand

Listing Contacts

SS
MI 6501385089
Exclusive Realty
SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$113,863.00
$9,488.58/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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