Building Details

Tenancy Single

Listing Agency: Marcus & Millichap - Miami d***@marcusmillichap.com Show Phone

Listed By: Kirk D. Olson · License #FL 3113669

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 6:40PM

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Investment Insights

Based on property information with market context.

BJ's Gas Station is offered with an absolute NNN ground lease and 16.5 years remaining. The property is located at 7005 N Davis Hwy in Pensacola, Florida 32504.

Key Highlights

• Absolute NNN ground lease
• 16.5 years remaining on the lease
• 7005 N Davis Hwy, Pensacola, FL 32504

Property Analytics

Property Profile

Current Use

BJ's Gas Station Gas Station Dr. Nicholas Krevatas, ... Physician AT&T Store Mobile Phone Store BJ's Wholesale Club Big Box & Wholesale Store BJ's Optical (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Bakery Plumbing Service Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

812

Businesses Nearby

374k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Apparel 32% Superstores 12% Shops & Services 10%

Academy Sports + Outdoors Apparel

76,602 visits/mo 0.3 miles

BJ's Wholesale Club Superstores

43,750 visits/mo 0.3 miles

JCPenney Apparel

37,493 visits/mo 0.3 miles

Texas Roadhouse Dining

35,925 visits/mo 0.2 miles

Bubba's 33 Dining

32,568 visits/mo 0.2 miles

Demographics for 32504, FL

21,791

Population

10,436

Households

2.1

Avg Household Size

43

Median Age

41%

College-Educated

92%

High-School Grad

10.5 sq mi

ZIP Area

2,075

Density / Sq Mi

$74,067

Median Household Income

$41,990

Median Earnings

$1,257

Median Rent

$242,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this gas stations located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Gas station - Absolute NNN structure with 16.5 years remaining on the lease term.

Where is this gas station located?

The property is located at 7005 N Davis Hwy Pensacola, FL.

What are key features of this property?

This property features: Absolute NNN ground lease; 16.5 years remaining on the lease; 7005 N Davis Hwy, Pensacola, FL 32504