Contacts
David Rosenthal
Grimaldi Commercial Realty Corp.
Property Details
- Property Type Retail - Strip
- Property Size 7,491 SF
- Units 2
- Lot Size 0.63 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 38
- Property Tenancy Multi-Tenant
- Year Built 1954
- Year Renovated 2024
- Date Updated Dec 11, 2024
Located in the famous Florida Panhandle!
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Highlights
- SHELL GAS STATION WITH BROWNS SUPERMARKET AND A SINGLE-FAMILY HOME IN THE REAR OF THE PROPERTY!
- 20-PURE NNN LEASE IN PLACE, WITH THE MONTHLY RENTAL RATE STARTING AT $20,0000 PER MONTH!
- 10% RENTAL INCREASES EVERY 5 YEARS!
- AVG 20-YEAR CAP RATE: 10% 2024 CAP RATE: 8% (IN-PLACE) 2029 CAP RATE: 9% 2034 CAP RATE: 10% 2039 CAP RATE: 11% ONLY GAS STATION WITHIN A 10-MILE RADIUS DIRECTLY OFF OF HIGHWAY I-10!
- SELLER WILL CARRY BACK UP TO ($500,000), AT 6% IR, INTEREST-ONLY, WITH A 2-YEAR BALLOON!
- BROWW'S SUPERMARKET HAS BEEN A STAPLE IN THE COMMUNITY FOR OVER 50 YEARS! RECENT RENOVATIONS INCLUDE A NEW CANOPY, NEW PUMPS, NEW LIGHTING, NEW SIGNAGE, A NEW DELI COUNTER, AND A STATE -OF-THE-ART CHECK-OUT COUNTER PLANNED FOR AUGUST OF 2024!
Attachments
Getting around
-
18/100
Walk Score ®
-
43/100
Bike Score ®
Powered by Walk Score ®
Location
- City Holt, FL
- Neighborhood Baker
- Zip Code 32564
- Market Pensacola
Points of Interest
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BP Gas Convenience Store
7.24 miles
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Tom Thumb
9.61 miles
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The Gator Cafe
6.70 miles
In-Depth Research Available for this Property
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Contact Listing Broker
David Rosenthal
Grimaldi Commercial Realty Corp.