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6314 N 9th Ave
Pensacola, FL 32504
Walgreens · Retail Property For Sale
Investment Highlights
- Less Than 1 Mile from University: Just North of Pensacola State College Enrolls 36,000 Students and 648 Employees.
- New 15 Year Absolute-Net Lease (Zero Landlord Responsibilities): Rare 5% Rental Increases Every 5 Years Including the Twelve, 5 Year Options.
- Hard Corner, Signalized Intersection: Situated at 9th Avenue, Langley Ave, Tippin Ave, Walgreens is Passed by Over 28,123 Vehicles Per Day.
- Near Pensacola’s Major Hospital: Ascension Sacred Heart Pensacola Hospital has 1,000+ Employees and 566 Staffed Beds.
- Corporate Guaranty (NASDAQ: WBA): Walgreens Co. Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the US Virgin Islands.
- Long Term Operation: Walgreens has been Operating at this Location for 23 Years.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,730 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.91 AC
Zoning
COM
Parking
40 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 10-1S-29-3101-010-001 | Improvements Assessment | $997,294 |
| Land Assessment | $807,667 | Total Assessment | $1,804,961 |
Property Taxes
Parcel Number
10-1S-29-3101-010-001
Land Assessment
$807,667
Improvements Assessment
$997,294
Total Assessment
$1,804,961
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