9225 Pne Frst Rd Pensacola, FL 32534-9347

Property Details for 9225 Pne Frst Rd

Year built

2017

Construction

WOOD

Lot size

0.94 lot acres

Property size

1,886 SF

Zone code

HC/LI

Property type

Drive through restaurants

APN

11-1S-31-1105-000-001

APU

111S311105000001

Description

This exceptional investment opportunity presents a 1,891 square foot Dunkin' Donuts located at 9225 Pine Forest Rd, Pensacola, FL 32534. The property boasts a strong 5.55% cap rate and a substantial net operating income (NOI) of $110,935. The absolute NNN lease with Purple Square Management Co., a highly successful and award-winning franchisee, has 8.1 years remaining, with 4-5 year renewal options. The lease commenced November 22, 2016, and expires December 16, 2032, providing long-term stability and predictable cash flow. The property is situated on a 0.9-acre lot in a high-traffic area with over 27,000 cars per day, benefiting from excellent demographics. Built in 2017, this single-story, Class B building is zoned HC/LI and offers 100% occupancy. The property's strong tenant, coupled with the favorable lease terms and high-traffic location, makes this a compelling investment opportunity with significant potential for long-term growth and return. The asking price is $2,000,000, translating to a price per square foot of $1,057.64. The lease includes 10% rent increases every 5 years, further enhancing the investment's value. This is a turnkey investment with zero landlord responsibilities. The property's APN is 11-1S-31-1105-000-001.