Wawa - Pensacola FL | 8861 Pine Forest Road
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Wawa - Pensacola FL 8861 Pine Forest Road
6,000 SF Retail Building Pensacola, FL 32534 $3,485,000 ($581/SF) 4.50% Cap Rate
Investment Highlights
- Ransley Station Outparcel | Directly Off Interstate 10 | Surrounding Retailers | Avalon Apartments | Off West 9 Mile Road
- Across from Avalon Apartments (276-units), providing another consumer base from which to draw
- Ideally positioned off Interstate 10 (81,500 VPD)
Executive Summary
Outparcel to Ransley Station (40+ Acre Development)
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
2024
Price
$3,485,000
Price Per SF
$581
Cap Rate
4.50%
NOI
$156,816
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.46 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 11-1S-31-4101-000-008 | Improvements Assessment | $0 |
| Land Assessment | $532,800 | Total Assessment | $532,800 |
PROPERTY TAXES
Parcel Number
11-1S-31-4101-000-008
Land Assessment
$532,800
Improvements Assessment
$0
Total Assessment
$532,800
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Wawa - Pensacola FL | 8861 Pine Forest Road
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