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Magic Wheels & Tires 1560 Fairfield Dr 6,120 SF Retail Building Pensacola, FL 32501 $1,984,402 CAD ($324.25 CAD/SF) 5.25% Cap Rate
Investment Highlights
- 5 Year NNN lease, with two 5 year options
- High visibility - 34,000 VPD on Fairfield Dr
- Proven regional operator
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,120 SF
Building Class
C
Year Built
1985
Price
$1,984,402 CAD
Price Per SF
$324.25 CAD
Cap Rate
5.25%
NOI
$104,096 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
11 Spaces (1.8 Spaces per 1,000 SF Leased)
Frontage
125’ on Fairfield Dr
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-2S-30-1001-008-003 | Improvements Assessment | $423,243 CAD |
| Land Assessment | $278,023 CAD | Total Assessment | $701,266 CAD |
Property Taxes
Parcel Number
08-2S-30-1001-008-003
Land Assessment
$278,023 CAD
Improvements Assessment
$423,243 CAD
Total Assessment
$701,266 CAD
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Magic Wheels & Tires | 1560 Fairfield Dr
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