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NNN Leased Automotive Investment | $78,000 NOI | 2 Parcels

$1,100,000

2339 Truman Avenue, Pensacola, FL 32505

Active
Last Updated: 07/14/2026

7.09

Cap Rate

78,000

NOI

Details:
Cap Rate:    7.09%
NOI:    $78,000
Building Size:    6,520 sqft
Lot Area:    1.34 sqft
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    1970
Zoning:    HC/LI
Tenancy:    Single
Floors:    1
Opportunity Zone:    Yes
Seller Financing:    No
Parking Spots:    60
Year Last Renovated:    1980
Gross Leaseable Area:    6,520
Lease Expire Year:    05/27
Investment Strategy:    Core Plus
Highlights:
  • In-place NNN lease at $6,500/month — $78,000/year NOI, true passive income
  • Tenant is an established automotive operator, willing to execute a new 5-year NNN lease at closing (buyer’s option)
  • 6,520 SF across two buildings on 1.34 acres — two adjacent parcels
  • Ten (10) roll-up / drive-in doors; 100% air-conditioned service areas
  • HC/LI zoning — automotive, service & light industrial uses permitted
  • Rare Pensacola industrial product: low vacancy submarket, strong tenant demand
  • Upside optionality: hold as stabilized NNN or re-lease at market
Description:

Turn-key NNN leased industrial investment in Pensacola’s core industrial corridor. The property consists of two buildings totaling ±6,520 SF on 1.34 acres (two adjacent parcels), fully air-conditioned and equipped with ten roll-up doors — a functional automotive/service facility with flexible HC/LI zoning.
The property is leased to an established automotive operator at $6,500/month NNN ($78,000 annual NOI). The tenant has committed to signing a new 5-year NNN lease at closing, at the buyer’s option — giving the investor a choice between locking in a stabilized long-term income stream from day one or re-leasing at market rates.
Industrial inventory of this size with HC/LI zoning rarely trades in Pensacola. Offered at $1,100,000.

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