3119 N Davis Hwy Pensacola, FL 32503

Listing agency j***@franklinst.com Show Phone

Listed by Jason Donald

Source Franklinst

Added: Apr 1 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM

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Investment Insights

Based on property information with market context.

The property at 3119 N Davis Hwy, Pensacola, FL 32503, offers fee simple ownership with enhanced depreciation opportunities under an absolute NNN lease, meaning zero landlord responsibilities. It is a freestanding retail building tenanted by Trulieve and DocMJ, providing dual medical-use. The property benefits from a high-profile hard corner location at N Davis Hwy & E Texar Dr. A large parking field provides 30 dedicated spaces. The location benefits from a strong daytime population of approximately 78,000 employees within a 3-mile radius. Excellent regional access is available to I-110 and I-10 corridors. The credit-worthy tenant has $1.2B revenue and a dominant Florida market share (48%). The property offers long-term lease stability with over 9 years remaining and 2% annual increases.

Key Highlights

• Long‑term lease stability with 9+ years remaining and 2% annual increases.
• Absolute NNN lease – zero landlord responsibilities.
• Credit‑worthy tenant with $1.2B revenue and dominant Florida market share (48%).

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FAQs

What type of property is this?

Storefront property - Freestanding retail building with dual medical tenancy in Pensacola, Florida.

Where is this storefront property located?

The property is located at 3119 N Davis Hwy Pensacola, FL.

What are key features of this property?

This property features: Long‑term lease stability with 9+ years remaining and 2% annual increases.; Absolute NNN lease – zero landlord responsibilities.; Credit‑worthy tenant with $1.2B revenue and dominant Florida market share (48%).