Net Leased Investment: 3001 N 9th Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30368605
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 1,600 SF
Gross Building Area: See Agent
Sale Price: $175,000
Unit Price: $109.38 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/4/2019

Overview / Comments

1,600 SF vacant property situated in Florida Opportunity Zone on hard corner at Baars Street & 9th Avenue. Fully leased, NOI of $16,800 for two years. Offered at 9.6% cap rate. 16,800 average daily traffic count.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009025002368
Zoning: COM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,242 65,967 143,399
Median Age: 41.01 39.36 38.24
Households: 3,614 26,584 58,598


Photograph of Listing Agent

Fred Gunther

Gunther Properties LLC Gulf Coast CMLS Member
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