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8720 Gulf Beach Hwy Pensacola, FL 32507

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For Sale
$1,086,530

Retail property with NN lease and rent increases for sale.

Property size:
9,014 SF
Lot size:
1.95 Acres

Property Features for 8720 Gulf Beach Hwy

General Information

Size
9,014 SF
Lot size
1.95 Acres

Source: Trinity Real Estate Investment Services - Corporate Agent Matt Davis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Pensacola Retail Property For Sale

This retail property is located in Pensacola, Florida, along Gulf Beach Highway, which generates traffic counts of over 21,000 vehicles daily. The property is situated near several residential areas, which generates additional traffic. The surrounding area has strong demographics, with over 67,000 residents within a 5-mile radius. The property is corporately guaranteed by Dollar General Corporation, which has an S&P BBB credit rating. The current term has over 4 years remaining, with the lease expiring in July 2029. The property features rent increases of 10% every 5 years. The property size is 9,014 square feet.
Insight Report Location Intelligence

Current Use by Public Records

FedEx OnSite Mailing Service Dollar General Dollar Store Western Union Money Transfer Service

Suggested Use

Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Department Store Kitchen & Bath HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pensacola
County
Escambia
State
Florida
Longitude
-87.3305043
Latitude
30.3716076

FAQs

What type of property is this?
Storefront property - Retail property with NN lease and rent increases for sale.
Where is this storefront property located?
The property is located at 8720 Gulf Beach Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $1,086,530.
What are key features of this property?
This property features: - Corporately guaranteed by Dollar General Corporation with an S&P BBB credit rating; - Attractive rent increase of 10% every 5 years; - 4+ years remaining on current term - lease expiring in July 2029
More about this property
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