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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

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
  • Listing ID: 41158750

  • Date on Market: 2026-07-03

  • Last Updated:

  • Address: 4510 Mobile Hwy, Pensacola, FL 32506

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