Investment Overview
Situated on a 1.92-acre commercially zoned site in the Pensacola market, the property features an 11,210 SF single-tenant retail building occupied by Dollar Tree, a nationally recognized retailer operating under a NNN lease, providing investors with a passive income opportunity. The tenant is currently paying below-market rent, creating the potential for future NOI and value growth while benefiting from stable cash flow. Recent capital improvements include a complete resurfacing of the parking lot in 2024, reducing near-term maintenance requirements and enhancing the overall appearance of the asset. Positioned along a highly visible commercial corridor with traffic counts of 36,500 vehicles per day, the property benefits from outstanding visibility and strong consumer exposure. Combining a nationally recognized tenant, below-market in-place rent, proven operating history, and favorable lease terms, this asset presents a compelling opportunity for investors seeking dependable cash flow with embedded long-term upside.
Investment Highlights
- Strong Investment Opportunity
- Long-Term Net Lease
- Minimal Landlord Responsibilities
- Essential Retail Concept
- Strategic Location In Retail Corridor