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    Dollar General NNN Investment Property Title is generated by Realmo AI

    8214 Lillian Hwy, Pensacola, FL 32506

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    NNN Dollar General on Lillian Highway in Pensacola, Florida.

    Type:Retail
    Property size:
    9,100 SF
    Price / SF:
    $208/SF
    Added:
    Jan 29, 2026
    Days on Market:
    154
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 8214 Lillian Hwy

    General Information

    Standard status
    Active
    Size
    9,100 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2019

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    Shelby Sagmani
    Shelby Sagmani

    Listing office Exclusive Realty

    Listing date Jan 29, 2026

    Source Crexi

    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 Exclusive Realty

    HighLights

    • Long‑term NNN Lease: Enjoy stable income with minimal landlord responsibilities.
    • Strong National Tenant (Dollar General): Offers a dependable investment opportunity.
    • Prime Location on Lillian Highway: Benefits from high visibility and easy access.
    • Located in Pensacola, Florida: A thriving Gulf Coast city with a strong economy.
    • Built in 2019: Relatively new construction.
    • Pensacola's Strong Economy: Benefits from military presence, tourism, and expanding sectors.

    Overview

    This NNN Dollar General property is located on Lillian Highway in Pensacola, Florida. The property offers a dependable investment opportunity backed by a strong national tenant. Operating under a long-term triple net lease, this property provides investors with stable income and minimal landlord responsibilities. Pensacola is a thriving Gulf Coast city known for its strong military presence, tourism industry, and expanding residential and commercial base. The property benefits from its prime location along Lillian Highway, a major commuter and retail corridor with excellent visibility and access to surrounding neighborhoods and regional traffic routes. The property size is 9100 square feet.

    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 $158.3k $17.40
    − Vacancy −$13.3k −$1.46
    EGI $145.1k $15.94
    − OpEx −$36.3k −$3.99
    NOI $108.8k $11.96
    9,100 SF · lease $17.40/SF/yr · vacancy 8.37% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.55M
    $1.36M – $1.81M (±1% cap)
    NOI $108,815 @ 7.0% cap · market cap 5.73%
    Second Best
    Retail
    $1.47M
    $1.29M – $1.71M (±1% cap)
    NOI $102,850 @ 7.0% cap · market cap 5.42%
    Theoretical Best
    Office A
    $2.67M
    $2.34M – $3.12M (±1% cap)
    NOI $186,951 @ 7.0% cap · market cap 9.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.3199751
    Latitude
    30.4222705

    FAQs

    What type of property is this?
    NNN property - NNN Dollar General on Lillian Highway in Pensacola, Florida.
    Where is this nnn property located?
    The property is located at 8214 Lillian Hwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,897,717.
    What are key features of this property?
    This property features: Long‑term NNN Lease: Enjoy stable income with minimal landlord responsibilities.; Strong National Tenant (Dollar General): Offers a dependable investment opportunity.; Prime Location on Lillian Highway: Benefits from **high visibility and easy access**.
    (248) 833-6601 Call to check price and availability
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