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34371819
34371795

2 Locations For Sale

$1,100,000
5 days on market
Updated 3 days ago
Opportunity zone

NNN Leased Automotive Investment | $78,000 NOI | 2 Parcels

Details
Property Type Retail, Industrial
Sub Type Auto Shop, Flex
Square Footage 6,520
Net Rentable (SqFt) 6,520
Units 2
Cap Rate 7.09%
NOI $78,000
Occupancy 100%
Tenancy Single
Brand/Tenant Independent Auto Body Shop
Lease Type NNN
Lease Term 1
Lease Expiration 05/01/2027
Remaining Term 0.8
Rent Bumps No
Lease Options Tenant committed to new 5-year NNN lease at closing, at buyer's option
Price per SqFt $169
Class C
Year Built 1970
Year Renovated 1980
Buildings 2
Acreage 1.340
Zoning HC/LI
Parking Spaces 60 spaces
Parking per 1,000 SqFt 9.20
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 05/01/2026
Ground Lease No
Sale Condition N/A

Tenant Committed to New 5-Year NNN Lease at Closing | 1031-Ready | Quick Close Possible

Marketing description

Turn-key NNN leased industrial investment in Pensacola’s core industrial corridor. The property consists of two buildings totaling ±6,520 SF on 1.34 acres (two adjacent parcels), fully air-conditioned and equipped with ten roll-up doors — a functional automotive/service facility with flexible HC/LI zoning.

The property is leased to an established automotive operator at $6,500/month NNN ($78,000 annual NOI). The tenant has committed to signing a new 5-year NNN lease at closing, at the buyer’s option — giving the investor a choice between locking in a stabilized long-term income stream from day one or re-leasing at market rates.

Industrial inventory of this size with HC/LI zoning rarely trades in Pensacola. Offered at $1,100,000.

Well-suited for 1031 exchange buyers seeking a stabilized replacement property with in-place income and flexible closing timeline

Please direct all inquiries by email to [email protected] - email is the fastest way to receive the full package (OM, rent abstract, lease details)

Investment highlights

• In-place NNN lease at $6,500/month — $78,000/year NOI, true passive income

• Tenant is an established automotive operator, willing to execute a new 5-year NNN lease at closing (buyer’s option)

Ideal 1031 exchange replacement property — stabilized income, quick close possible

• 6,520 SF across two buildings on 1.34 acres — two adjacent parcels

• Ten (10) roll-up / drive-in doors; 100% air-conditioned service areas

• HC/LI zoning — automotive, service & light industrial uses permitted

• Rare Pensacola industrial product: low vacancy submarket, strong tenant demand

• Real estate only — no business or equipment included

• Upside optionality: hold as stabilized NNN or re-lease at market

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$78,000.00
$6,500.00/mo

Valuation Metrics

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DSCR
7.09%
Cap Rate
7.09%
ROI

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