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2339 Truman Ave 4,720 SF Industrial Building Pensacola, FL 32505 $1,464,855 CAD ($310.35 CAD/SF) 7.43% Cap Rate
Investment Highlights
- In-place NNN lease at $6,500/month — $78,000/year NOI, true passive income
- Ideal 1031 exchange replacement property — stabilized income, quick close possible
- Ten (10) roll-up / drive-in doors; 100% air-conditioned service areas
- 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
- HC/LI zoning — automotive, service & light industrial uses permitted
Executive Summary
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 $1,050,000.
Well-suited for 1031 exchange buyers seeking a stabilized replacement property with in-place income and flexible closing timeline
Please direct all inquiries by email to mariasokoestate@gmail.com - email is the fastest way to receive the full package (OM, rent abstract, lease details)
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 $1,050,000.
Well-suited for 1031 exchange buyers seeking a stabilized replacement property with in-place income and flexible closing timeline
Please direct all inquiries by email to mariasokoestate@gmail.com - email is the fastest way to receive the full package (OM, rent abstract, lease details)
Property Facts
| Price | $1,464,855 CAD | Lot Size | 1.34 AC |
| Price Per SF | $310.35 CAD | Rentable Building Area | 4,720 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.43% | Year Built | 1970 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 6.13/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | HC/LI - HC/LI zoning allows auto service, repair, light industrial and related commercial uses | ||
| Price | $1,464,855 CAD |
| Price Per SF | $310.35 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7.43% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.34 AC |
| Rentable Building Area | 4,720 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 6.13/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | HC/LI - HC/LI zoning allows auto service, repair, light industrial and related commercial uses |
Amenities
- Fenced Lot
Utilities
- Lighting
- Gas
- Water
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Independent Auto Body Shop
- Services
- -
- -
- May 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Independent Auto Body Shop | Services | - | - | May 2027 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-2S-30-0900-060-008 | Improvements Assessment | $143,360 CAD |
| Land Assessment | $39,283 CAD | Total Assessment | $182,644 CAD |
Property Taxes
Parcel Number
09-2S-30-0900-060-008
Land Assessment
$39,283 CAD
Improvements Assessment
$143,360 CAD
Total Assessment
$182,644 CAD
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2339 Truman Ave
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