Pensacola Convenience Store For
4021 N W St Pensacola, FL 32505
4021 N W St, Pensacola, FL, 32505
$1,200,000
For Sale
$1,200,000
4,510 SF Pensacola Convenience Store For Sale/Lease
Property Size4,969 SF
Lot Size0.40 Acres
Price / SF$241.50
Days on Market524
Property Features for 4021 N W St
General Information
- Standard status
- Active
- Property type
- Other retail properties, Individual retail properties, Other investment properties, Retail properties & Spaces, Investment properties
- Size
- 4,969 SF
- Net Rentable
- 4,510 SF
- Elevators
- N/A
- Lot size
- 0.40 Acres
Building Details
- Year Built
- 1987
- Buildings
- 1
- Stories
- 1
Listing Office
(850) 564-0120
Listed by
Paul
(850) 564-0120
Added: Feb 10, 2025 Checked: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
This 4,510-square-foot convenience store is located in Pensacola, Florida. Situated on a 0.4-acre lot, the property offers a versatile layout suitable for various retail ventures. The building includes a fully operational deli, a beauty supply section, ample parking accommodating over 10 vehicles, a manager's office with an ensuite bathroom, a standard restroom, and substantial storage space. The sale includes the building, real estate, fixtures, furniture, and equipment (FF&E), and goodwill. A large inventory is also available; pricing will be determined via a separate appraisal. The property's prime location and existing infrastructure make it perfect for continued operation as a convenience store, conversion into a drive-thru restaurant, or leasing to multiple tenants. The building's total size is 4,969 square feet, with 4,510 square feet of net usable space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.4k | $18.00 |
| − Vacancy | −$9.2k | −$1.85 |
| EGI | $80.2k | $16.15 |
| − OpEx | −$24.1k | −$4.84 |
| NOI | $56.2k | $11.30 |
4,969 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$802.3K
$702.0K – $936.0K
NOI $56,161 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,083 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Other retail property - 4,510 SF Pensacola Convenience Store For Sale/Lease
Where is this other retail property located?
The property is located at 4021 N W St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,200,000.
