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180 Mary Esther Blvd 5,196 SF 100% Leased Retail Building Mary Esther, FL 32569 $3,994,199 CAD ($768.71 CAD/SF)

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EXECUTIVE SUMMARY

For Sale – Fully Renovated Industrial Compound in Pensacola, FL
7.86% CAP - $227,940 EST PRO-FORMA NOI - STABILIZED GAS STATION OPPORTUNITY
Over 21,000 SF on 1+ Acre | Zoned HC/LI | Gated | Price Negotiable – Bring All Offers
A rare Pensacola industrial opportunity—this fully renovated, fully gated commercial compound offers over 21,000 square feet of warehouse, office, and showroom space across two connected buildings on 1+ acre. Located in a high-traffic area just minutes from I-10 and Palafox Industrial Park, this property is ideal for owner-users, investors, or developers looking for move-in-ready space with future leasing potential.
Property Overview:
Total Square Footage: 21,000+ SF
Front Building: ~10,000 SF
Rear Building: ~8,000 SF
Mezzanine & Additional Structures: ~3,000+ SF
Lot Size: 1.0+ Acre
Zoning: HC/LI (Heavy Commercial / Light Industrial)
Traffic Count: 35,000+ vehicles/day (W Fairfield Dr)
Fully Gated with Chain-Link Fence
Survey Available
Front Building (~10,000 SF):
3+ Renovated Offices
Large Workshop & Store Space
Retail/Showroom Area
2 Bathrooms, Full Kitchen, Dining Room
2 Roll-Up Garage Doors
3 Commercial Entry Doors, 2 Storefront Doors
Metal Roof with Steel Trusses
3-Year-Old HVAC System
Spray Foam Insulation
Existing Mezzanine
Independent Electrical Panel with Separate Address
Gas Line Available (Meter Not Installed)
Rear Building (~8,000 SF):
Newly Renovated
Roll-Up Garage Doors + Storefront Entry
New HVAC System
New Office and Bathroom
Open Warehouse Layout
Mezzanine for Additional Storage or Office Use
Currently Occupied – Producing Rental Income
Additional Features:
30+ Parking Spaces
Paved Lot and Courtyard Area
Full Perimeter Fencing with Secure Gate Access
Infrastructure Ready: Plumbing + Gas Lines Installed
Current Use:
Owner-operated $700K+ tool supply business
Ideal Future Uses:
Warehouse/Distribution Center
Flex-Space or Multi-Tenant Leasing
Event Venue, Showroom, or Retail Center
IT/Data Hub or Tech Operations
Self-Storage or Light Manufacturing
Prime Location:
2 miles to I-10
3 miles to Mobile Hwy
0.7 miles to Palafox Industrial Park
Turnkey Industrial Asset with Built-In Flexibility & ValueContact listing agents for financials, tours, and offering materials. NDA & Proof of Funds required.Please do not disturb current occupants.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
5,196 SF
Building Class
B
Year Built
2014
Price
$3,994,199 CAD
Price Per SF
$768.71 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.65 AC
Zoning
C1 - Commercial
Frontage
176’ on Mary Esther Blvd

AMENITIES

  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Fazoli’s is a privately held fast-casual Italian-American restaurant chain headquartered in Lexington, Kentucky. Founded in 1988 as “Gratzi’s” by Jerrico Inc. and rebranded after its acquisition by Seed Restaurant Group in 1990. Over time, leadership changed hands through Sun Capital Partners (2006), Sentinel Capital Partners (2015), and in November 2021, FAT Brands (Nasdaq:?FAT) acquired Fazoli’s for $130 million. Known for menu staples like freshly prepared pasta, subs, salads, desserts, and unlimited garlic breadsticks,

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Triple Net -

NEARBY MAJOR RETAILERS

Piggly Wiggly
Navy Federal Credit Union
Krystal
Lenny’s Grill & Subs
Starbucks
Planet Fitness
Regions Bank
LongHorn Steakhouse
Chili's Grill & Bar
Golden Corral

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-2S-24-0000-0022-0020
Land Assessment
$867,378 CAD
Improvements Assessment
$493,368 CAD
Total Assessment
$1,360,746 CAD
  • Listing ID: 33270529

  • Date on Market: 2024-09-23

  • Last Updated:

  • Address: 180 Mary Esther Blvd, Mary Esther, FL 32569

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