New Single-Tenant NNN
For Sale
Contact for pricing
8550 N Davis Hwy, Pensacola, FL 32514
Brand-new ground lease occupied by Wawa under an absolute NNN structure with corporate guaranty.
Property Size5,915 SF
Price / SF$818.93
Days on Market167
Property Features for 8550 N Davis Hwy
General Information
Standard status
Active
Size
5,915 SF
Class
A
Total Parking Spaces
71
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$218,000
Building Details
Year Built
2025
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
Patrick Nutt · License #BK3120739
Source:
Crexi
Added: Mar 17
Changed: Aug 30
Last Checked: Aug 30 at 7:19AM
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 SRS Real Estate Partners Tampa
Investment Insights
Based on property information with market context.
This newly constructed single-tenant NNN property contains 5,915 SF and was completed in 2025. The asset is subject to an absolute NNN ground lease with Wawa Inc. providing a corporate guaranty. The lease has an initial 20-year term, six 5-year extension options, and scheduled rental increases every 5 years.
The property is located at 8550 N. Davis Highway in Pensacola, Florida 32514. The tenant operates a convenience store and gas brand at the site, and the property represents Wawa’s 4th location in Escambia County.
The property is located at 8550 N. Davis Highway in Pensacola, Florida 32514. The tenant operates a convenience store and gas brand at the site, and the property represents Wawa’s 4th location in Escambia County.
Key Highlights
- 5,915 SF brand‑new construction completed in 2025
- Absolute NNN ground lease with Wawa Inc. corporate guaranty
- 20‑year initial lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,041
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 63%
Shops & Services 34%
Dining 2%
Electronics 1%
Ross Dress for Less
Apparel
31,293 visits/mo
0.5 miles
Dollar Tree
Shops & Services
7,926 visits/mo
0.5 miles
Dollar General
Shops & Services
6,856 visits/mo
0.3 miles
Tires Plus
Shops & Services
1,295 visits/mo
0.1 miles
SUBWAY
Dining
877 visits/mo
0.5 miles
Demographics for 32514, FL
40,844
Population
19,117
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
19.8 sq mi
ZIP Area
2,063
Density / Sq Mi
$66,484
Median Household Income
$36,178
Median Earnings
$1,358
Median Rent
$241,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Brand-new ground lease occupied by Wawa under an absolute NNN structure with corporate guaranty.
Where is this nnn property located?
The property is located at 8550 N Davis Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $4,844,000.
What are key features of this property?
This property features: 5,915 SF brand‑new construction completed in 2025; Absolute NNN ground lease with Wawa Inc. corporate guaranty; 20‑year initial lease term
