NNN Leased Automotive Investment | $78,000 NOI | 2 Parcels
$1,100,000
2339 Truman Avenue, Pensacola, FL 32505
7.09
Cap Rate
78,000
NOI
Details:
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.
Location
Gallery