This Retail Property is no longer advertised on LoopNet.com.

3230 W Michigan Ave
Pensacola, FL 32526
Hungry Howie's · Retail Property For Sale

Investment Highlights

  • No Landlord Responsibilities Whatsoever
  • 10 Year Absolute NNN Lease with (4) 5-Year Options
  • 64-Unit Experienced Operator Since 1980
  • 2% Annual Rental Escalations Provide for Automatic NOI Growth
  • Florida is a No-Income-Tax-State
  • Strategically Located Along a Busy Retail Corridorand Directly Across from a Publix-Anchored Center

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,969 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.59 AC
Zoning
COM - Commercial
Parking
37 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
109’ on Denver Ave

Amenities

  • Bus Line
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
42-1S-30-2101-019-031
Land Assessment
$100,000
Improvements Assessment
$359,581
Total Assessment
$459,581
  • Listing ID: 25700249

  • Date on Market: 5/13/2022

  • Last Updated:

  • Address: 3230 W Michigan Ave, Pensacola, FL 32526

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