Pensacola, FL 32534

Starbucks & Verizon

Property Address

2200 W 9 Mile Rd, Pensacola, FL, USA

Offering Summary

  • Price: $3,291,000
  • Lot Size: 1.24 Acres
  • Cap Rate: 5.75%
  • Year Built: 2008
  • Building SF: 3,950
  • Status: Available
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  • 100% Leased to Starbucks and Verizon, Two Established National Tenants
  • Verizon Recently Executed a 5-Year Lease Extension / Starbucks Previously Executed Two Options Early to Extend the Lease an Additional 10 Years
  • Both Tenants Feature NNN Leases with Regular Rental Increases
  • New Roof in 2024 with a 20-Year Warranty
  • Signalized Hard Corner Location, Easily Accessible by 56,000+ Cars per Day
  • 3 Miles from Navy Federal Credit Union's Corporate Campus (10,000 Employees)
  • Directly Across from Publix Super Market and Surrounded by Other National Tenants: Walmart Neighborhood Market, Walgreens, Wendy's, Panera Bread, and More

Broker Information