Pensacola Convenience Store
1167 COLLEGE Blvd Pensacola, FL 32504
1167 COLLEGE Blvd, Pensacola, FL, 32504
$900,000
For Sale
$900,000
Convenience store for sale in Pensacola, Florida.
Property Size2,720 SF
Lot Size0.48 Acres
Price / SF$330.88
Days on Market129
Property Features for 1167 COLLEGE Blvd
General Information
- Standard status
- Active
- Size
- 2,720 SF
- Lot size
- 0.48 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing Agency
KELLY RIGHT REAL ESTATE
(407) 666-7699
Listed by
Samih Sadiq · License #3577381
(407) 666-7699
Source
Elliman
Added: Mar 11 Checked: Jul 17 at 6:13 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLY RIGHT REAL ESTATE
Investment Insights
Based on property information with market context.
A convenience store is available for purchase at 1167 College Boulevard, Pensacola, FL 32504. The property includes a 2,720 square foot building situated on a 0.482-acre lot. The location offers strong visibility, convenient access, and steady traffic flow within a highly active area. The site features ample parking and a functional layout. The property is suitable for investors or owner-operators and offers potential for expanded retail offerings or service enhancements. This Pensacola location presents significant long-term growth and income potential.
Key Highlights
- Prime location at 1167 College Boulevard, Pensacola, FL 32504, offering strong visibility and convenient access.
- 2,720 sq ft building on a 0.482‑acre lot.
- Steady traffic flow in a highly active area.
Local Financial Insights For Specialty 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 | $47.3k | $17.40 |
| − Vacancy | −$4.0k | −$1.46 |
| EGI | $43.4k | $15.94 |
| − OpEx | −$10.8k | −$3.99 |
| NOI | $32.5k | $11.96 |
2,720 SF · lease $17.40/SF/yr · vacancy 8.37% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$464.6K
$406.6K – $542.1K
NOI $32,525 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$439.2K
$384.3K – $512.4K
NOI $30,742 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$798.3K
$698.5K – $931.3K
NOI $55,880 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Car Rental Pensacola
Car Rental Facility
Similar For Sale Nearby
Similar Off Market Nearby
- Target Grocery — 4711 Bayou Blvd, Pensacola, FL 32503
- The Fresh Market — 1650 Airport Blvd Suite 400, Pensacola, FL 32504
FAQs
What type of property is this?
Grocery and convenience store - Convenience store for sale in Pensacola, Florida.
Where is this grocery and convenience store located?
The property is located at 1167 COLLEGE Blvd Pensacola, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime location at 1167 College Boulevard, Pensacola, FL 32504, offering strong visibility and convenient access.; 2,720 sq ft building on a 0.482‑acre lot.; Steady traffic flow in a highly active area.
