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4510 Mobile Hwy
Pensacola, FL 32506
Dollar Tree · Retail Property For Sale


Investment Highlights
- Strong Investment Opportunity
- Minimal Landlord Responsibilities
- Strategic Location In Retail Corridor
- Long-Term Net Lease
- Essential Retail Concept
Executive Summary
Situated on a 1.92-acre commercially zoned site in the Pensacola market, the property features an 11,210 SF single-tenant retail building occupied by Dollar Tree, a nationally recognized retailer operating under a NNN lease, providing investors with a passive income opportunity. The tenant is currently paying below-market rent, creating the potential for future NOI and value growth while benefiting from stable cash flow. Recent capital improvements include a complete resurfacing of the parking lot in 2024, reducing near-term maintenance requirements and enhancing the overall appearance of the asset. Positioned along a highly visible commercial corridor with traffic counts of 36,500 vehicles per day, the property benefits from outstanding visibility and strong consumer exposure. Combining a nationally recognized tenant, below-market in-place rent, proven operating history, and favorable lease terms, this asset presents a compelling opportunity for investors seeking dependable cash flow with embedded long-term upside.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,210 SF
Building Class
B
Year Built/Renovated
1997/2010
Price
$2,743,650 CAD
Price Per SF
$244.75 CAD
Cap Rate
6.61%
NOI
$181,383 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.92 AC
Zoning
Commercial
Parking
61 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
209’ on Mobile Hwy
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 15-2S-30-5501-000-000 | Improvements Assessment | $1,044,618 CAD |
| Land Assessment | $487,537 CAD | Total Assessment | $1,532,155 CAD |
Property Taxes
Parcel Number
15-2S-30-5501-000-000
Land Assessment
$487,537 CAD
Improvements Assessment
$1,044,618 CAD
Total Assessment
$1,532,155 CAD
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